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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Johns Hopkins professor Tinglong Dai says a subscription model for AI is the most sustainable model for reimbursement.
BALTIMORE, MD, May 8, 2024 – Because public health experts have determined that menthol-flavored cigarettes pose higher health risks to smokers than non-menthol varieties, policymakers for years have considered banning menthol. Most of the measures taken to date have been at the state level, but new research suggests that this approach has backfired. The better alternative, researchers suggest, is a higher tax on menthol cigarettes, or a national ban at the federal level.
Though every part of a Disney World vacation is meant to be magical, most frequent visitors to the parks can think of at least a few things about a Disney trip that are anything but magical. Perhaps one of the most agreed upon of those things is waiting in line for a ride or attraction.
The Federal Reserve reports inflation is down, though it continues to remain above its 2% target level. The most recent report showed inflation was hovering around 3.5% (year-to-year), from a high of 9.1% in June 2022. Yet many people do not feel good about their financial situation, with inflation one factor driving such sentiments.
Self-checkout, yes or no? People tend to be divisive on this issue; some use it all the time, and some never do. And for some, it depends on how many items they are buying, using self-checkout for short shopping lists. Meanwhile, some individuals specifically avoid it because they believe that they are taking jobs from human cashiers.
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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