The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Fake Hermès Birkin bags and other counterfeit luxury goods are popular not only with people on a budget, but also with those with deeper pockets, a new study suggests.
Researchers from the National University of Singapore analyzed millions of counterfeit purchases by American consumers from more than 24,000 U.S. zip codes on a major cross-border, e-commerce platform. They found that both lower- and higher-income individuals are “significantly more likely” to buy fake luxury items than middle-income consumers, according to a press release by INFORMS on Monday.
'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
An audio journey of how data and analytics save lives, save money and solve problems.
Jeff Cohen
Chief Strategy Officer
INFORMS
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INFORMS Fellow Brenda Dietrich is the newest addition to the Cornel University Operations Research and Information Engineering faculty as the Arthur ’59, M.S. ‘61 and Helen Geoffrion Professor of Practice.
New research has developed an automated approach for narrowing down and ranking the field of Division 1 college basketball teams from 351 to the 68 that would play in the annual "March Madness" basketball tournaments, watched by more than 80 million people each year. The study, "Using Mathematical Programming to Select and Seed Teams for the NCAA Tournament," will be published in the INFORMS journal Interfaces.
The entire commercial real estate market can be a guessing game, where occupancies fluctuate along with real estate values. But what if you could tap the power of data science to better develop future real estate strategies? That is the focus of a special session at the INFORMS Business Analytics Conference in April.
From better protecting the world economy against cyber crime, to detecting and preventing life threatening sepsis infections, to creating virtual environments to interact with artificial intelligence technology, analytics is driving the great discoveries and advancements of the future. And there is no greater opportunity to be part of driving that future than the 2018 INFORMS Conference on Business Analytics and Operations Research.
Florida A&M University’s College of Science and Technology will be hosting a STEM student seminar series geared toward preparing students for opportunities in math and science. Tasha R. Inniss, the director of education and industry outreach for INFORMS, will be a guest presenter and will be speaking about her experience in the mathematics industry.
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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