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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PHILADELPHIA (CBS) -- The collapse of the Francis Scott Key Bridge in Baltimore Tuesday morning is sending shockwaves throughout the local community, and across shipping sectors.
The collapse of Baltimore’s Francis Scott Key Bridge could have a significant economic impact, effectively shutting down the nation’s busiest port for cars and light trucks in the U.S. and the ninth busiest port overall for an indefinite period.
Leaders of AI companies often argue that AI products will handle mundane tasks, freeing people up to be more productive and creative. And there are few tasks more mundane than taxes. An individual American taxpayer spends roughly 13 hours and $240 out-of-pocket costs just to prepare and file one annual tax return, according to one 2022 study—an estimated 1.15 billion hours collectively spent on tax preparation.
What are the new rules for tipping? Businesses that never seemed to ask for a tip before — like grocery stores, self-checkout machines and fast food restaurants — are now asking for one these days.
Critical infrastructure sectors are becoming increasingly complex and interdependent and so, too, are the physical and socioeconomic landscapes in which they operate. This in turn has increased the possibility of disruptions and subsequent compounding disruptions. Climate change adds an additional layer of uncertainty and disruption to these evolving interconnected networks. And, for the power grid, this shifting threat landscape is exacerbated by increased demand from electrification, decarbonization, population growth, and an overall increase in reliance on electricity. Climate change is also affecting energy usage patterns. For example, Texas has seen spikes in energy demand and intense strain on the power grid from both unexpected cold snaps and intense heat waves.
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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