BALTIMORE, MD, June 18, 2024 – Advertising has long been known to depict a virtual reality of life leading some people to expect more out of life than is practical. This is driven by idyllic imagery and storytelling, among other techniques such as an emphasis on materialism.
These days, you can barely spell “health care” without the letters “A” and “I” — and for good reason. In an era of aging populations, declining productivity, rising costs, and disparities in access to care, artificial intelligence presents a rare opportunity to break the vicious cycle by improving health care access, outcomes, and productivity while lowering costs.
When Amazon introduced its cashierless checkout system — aptly called Just Walk Out — the tech was seen as the latest prong in Amazon’s mission to transform brick-and-mortar stores and become a dominant competitor in the grocery industry.
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The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association for professionals in advanced analytics, today announced three finalists in the competition for the UPS George D. Smith Prize, an award that recognizes excellence in preparing students to become practitioners of analytics and operations research.
CATONSVILLE, MD, February 3, 2015 –A study in Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS) shows that in contrast to traditional market segmentation, one based on “binge consumption” brings a higher long-term return to business.
CATONSVILLE, MD, January 28, 2015 – A proper choice of business model plays a critical role in electric vehicle industry where many consumers are subject to range and resale anxieties. In particular, a combination of owning or leasing electric batteries and improving charging technology can reassure such skeptics and help increase the electric vehicle adoption, according to a new study in the Articles in Advance section of Manufacturing and Service Operations Management (M&SOM), a publication of the Institute for Operations Research and the Management Sciences (INFORMS).
Operations research analyst is another high-growth job in the business sector. These data miners can be involved in everything from logistics to manufacturing, looking to enhance a company's profitability and cost efficiency. In 2013, the typical salary was pushing $75,000 annually, but analysts in New York, San Jose and San Diego often earn more than $130,000.
CATONSVILLE, MD, January 5, 2015 – Retailers selling home appliances and electronics goods typically make 15-20 percent profit from these products but realize more than 200 percent profit from selling extended warranties for them. A new study that appears in the January issue of Marketing Science, a publication of the Institute for Operations Research and the Management Sciences (INFORMS), finds that even though selling warranties through independent firms will lower extended warranty prices, the consumers may actually be worse off.
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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