The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
In most emergency departments, beds are a hot commodity. But some patients don’t actually need a bed for their treatment – and accurately identifying those people is a low-lift but effective way to increase efficiency without sacrificing care quality, finds a study recently published in the journal Management Science.
The researchers developed a simple decision tree, informed by mathematical and machine learning models, to help staff decide whether a patient truly needs a bed or can be routed to a “vertical processing pathway” – that is, an area where they can be treated sitting up. Many hospitals already have such an area but don’t necessarily have a systematic way to decide which patients are treated there.
Diversity alone won’t get the votes for funding public education. It takes communities that are more integrated and connected, where residents have a sense of shared stake.
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Analytics, the increasingly important specialty that has been cited by Harvard Business Review, Sloan Management Review, Gartner, and Accenture for aiding better decisions at organizations, will be the focus of a conference hosted by the Institute for Operations Research and the Management Sciences (INFORMS®), the premier organization for advanced analytics professionals.
The Institute for Operations Research and the Management Sciences (INFORMS®) today announced the six finalist organizations that will compete for the 2012 Franz Edelman Award for Achievement in Operations Research and the Management Sciences, a prize for excellence in advanced analytics, in Huntington Beach, California later this year.
The Institute for Operations Research and the Management Sciences (INFORMS®) today announced the award of the Daniel H. Wagner Prize by CPMS, the association’s Practice Section, to a team from Intel. The winners used analytics and operations research to optimize the design and scheduling of the major chip maker’s vast product line so as to have the right products at the right time for customers while efficiently managing resources and costs.
The Institute for Operations Research and the Management Sciences (INFORMS®) today announced the award of the INFORMS Decision Analysis Society Frank P. Ramsey Medal to Dr. Don N. Kleinmuntz, President and co-founder of Strata Decision Technology, a market leading provider of web-based financial analytics and performance management software tools used primarily by U.S. hospitals and health systems to enhance their financial planning, budgeting, and reporting processes.
A special program for Charlotte-area high school math teachers is the latest contribution in a national initiative to improve applied math that has seen North Carolina universities and school systems take the lead in making America more competitive in math and science.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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