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.
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The median age of Americans is about 39 years old, but many of the country’s leaders, including some serving in the highest offices, are over the age of 60.
Halloween lurks a few days away, but something scarier approaches: candy prices rising.
Traffic congestion on U.S. highways added $94.6 billion in costs to the trucking industry in 2021, according to the latest Cost of Congestion study published by the American Transportation Research Institute (ATRI). The cost of congestion in 2021 is the highest level yet recorded through ATRI’s ongoing research initiative.
BALTIMORE, MD, October 30, 2023 – INFORMS, the largest association for the decision and data sciences, has awarded the 2023 Daniel H. Wagner Prize for Excellence in the Practice of Advanced Analytics and Operations Research to the Decision Engineering team from Intel for their work on the transition of semiconductor products from a single large monolithic chip to an assembly of dozens of small chiplets (aka “disaggregation”). This work has realized more than $500 million in benefits so far. The award was presented at the 2023 INFORMS Annual Meeting in Phoenix, Arizona.
Keeping trick or treaters happy this Halloween is probably going to most more than you think. The cost of candy began to soar in April and prices have yet to come back to earth.
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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