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.
American teenagers start their school day too early.
Medical experts have been clear for years: sleep cycle changes during puberty make it hard for teenagers to learn in the early morning. Later school start times have been linked to better sleep, improved mental health, stronger academic performance and even safer driving.
Most school district leaders know about this problem and care about fixing it. But changing the schedule can feel operationally impossible.
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BALTIMORE, MD, February 22, 2024 – INFORMS, the largest association for the decision and data sciences, has selected three finalists for the 2024 UPS George D. Smith Prize, which recognizes excellence in preparing students to become practitioners of operations research and analytics and data science.
BALTIMORE, MD, February 21, 2024 – Artificial intelligence (AI) has made great strides in the past few years, even months. New research in the INFORMS journal Management Science finds that AI agents can build trust – like that of humans.
New research reveals women and minorities face higher auto loan interest rates, leading to millions in extra costs. The study urges for fairness and transparency in the industry.
New research has found that women and minorities are more likely to pay higher premiums when they take out auto loans. A new study conducted by researchers at three leading universities found that women and minorities pay a statistically significant and greater dealer interest rate markup than men and non-minorities.
Since the COVID-19 pandemic, the supply chain topic has been on the headlines constantly. First, it was due to the limited availability of groceries on store shelves. Then, it was the semiconductor chips shortage that caused automobile production to be severely restricted. Home prices went up sharply due to the shortage of materials and more people expanding their housing footprint by building offices and additions. Then, there was the Russian invasion of Ukraine.
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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