Air Travel in the Future is More Efficient
Posted on Apr 28, 2009 by Suri · Categories: Airline · 1 Comment
Operations Research – Making Decision-Making Simpler
Posted on Jan 09, 2009 by Suri · Categories: General · No Comments
It’s a field that made a splash in determining the logistics and scheduling processes in World War II and made its way into improving productivity in industries later on. Japan made rapid inroads into inventory control techniques like the Just In Time method that saved tons of money in inventory holding costs and enhanced production processes. Operations research, the science that uses a mixture of logic and mathematics to arrive at conclusions for complex problems or reach decisions, is being used today in a variety of situations and not just the ones that have quantifiable solutions.
5 Benefits of Operations Research During Economic Fallout
Posted on Dec 02, 2008 by Suri · Categories: General · 4 Comments
Operations research is something more and more companies are looking into these days, especially since the economy and its downturn have affected so many people from all walks of life. If businesses want to stay afloat, they are going to have to work hard to stay ahead of the curve and be proactive. What follows is a list of five ways operations research can benefit businesses during these tough economic times.
Save Valuable Time
Rather than spending your own valuable time, get someone that specializes in operations research to help you analyze your business; this will help save you time in identifying problem areas. Their findings may ultimately end up saving you lots of money.
Operations Researchers Help Develop Emergency Response Plans During Flu Pandemics
Posted on Oct 14, 2008 by Suri · Categories: Health · No Comments
The team led by Dr. Pinar Keskinocak, an associate professor in the Georgia Institute of Technology’s School of Industrial and Systems Engineering, has developed mathematical models that can help organizations such as the American Red Cross devise emergency response plans during pandemic flu outbreaks.
Operations Researchers Use Mathematical Modeling to Forecast Election Outcome
Posted on Sep 20, 2008 by Suri · Categories: General · No Comments
There are already several articles on this topic (see references), so I will just briefly talk about it.
Election day is only over a month away. Dr. Sheldon H. Jacobson, an OR professor at the University of Illinois at Urbana Champaign, and his students have created a mathematical model that dynamically forecasts the outcome of the 2008 US Presidential election.
Their website is at http://election08.cs.uiuc.edu/
Research Shows That Most Organizations Are Not Confident with Their Analytics
Posted on Sep 14, 2008 by Suri · Categories: General · No Comments
Ventana Research, a leading benchmark research and advisory services firm, released a new benchmark research, “Decision-Making and Performance: Improving Essential Business Analytics and Technologies”, which revealed the striking fact that while most organizations wish to optimize their decision-making, only one-third of them are confident in the quality of their analytics.
The First Issue of the International Journal of Applied Management Science
Posted on Aug 27, 2008 by Suri · Categories: General · No Comments
The first issue of International Journal of Applied Management Science (IJAMS) has been released. The objectives of this journal are to promote applied management sciences and provide a platform for professionals and researchers to exchange their ideas and experiences in the field. The contents include (but are not limited to) both theoretical and experimental papers in management sciences as well as relevant case studies. A list of topics including Operations Research, Decision Analysis, Industrial Engineering, Production Management and Supply Chain Management are covered.
Operation Research Helps Improve Resource Planning in HIV Treatment
Posted on Aug 26, 2008 by Suri · Categories: Health · 1 Comment
In 2007, an estimated 33.2 million people suffered from AIDS worldwide. Approximately 95 percent of those patients lived in developing countries, where resources for treatment are usually very limited. Therefore, efficient allocation of those resources had become critical in fighting the pandemic.
In their recent publication, Dr. Wei Xiong, instructor in public health at Weill Cornell Medical College, and Dr. Nathaniel Hupert, associate professor of public health at Weill Cornell Medical College and associate attending physician at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, showed how mathematical modeling approaches from Operations Research (OR) can be used to increase the efficiency of allocating limited resources, such as antiretroviral drugs and medical personnel, for HIV treatment.
An Introduction to ORMS Education at University of Waterloo
Posted on Aug 04, 2008 by Suri · Categories: General · 1 Comment
In order to express my excitement about being accepted by the department of Management Sciences at University of Waterloo, I decided to write an article to briefly talk about education in the field of Operations Research / Management Sciences here at UW.
The Engineering District at University of Waterloo (Photo by Mike Seliske)
Management Science Professor Who Wrote 200,000+ Books
Posted on Apr 14, 2008 by Suri · Categories: General · 4 Comments
An interesting article on New York Times talked about a management science professor, Philip M. Parker, who developed computer algorithms that collect a substantial amount of publicly available information on a particular subject and turn the results into books. He has generated more than 200,000 books in this way, making him “the most published author in the history of the planet.”.
… aided by his 60 to 70 computers and six or seven programmers, he turns the results into books in a range of genres, many of them in the range of 150 pages and printed only when a customer buys one.