INFORMS Releases

The Institute for Operations Research and the Management Sciences (INFORMS®) today announced the award of the Daniel H. Wagner Prize by CPMS, the association’s Practice Section, to a team from Intel. The winners used analytics and operations research to optimize the design and scheduling of the major chip maker’s vast product line so as to have the right products at the right time for customers while efficiently managing resources and costs.

The Institute for Operations Research and the Management Sciences (INFORMS^®) today announced the award of the INFORMS Decision Analysis Society Frank P. Ramsey Medal to Dr. Don N. Kleinmuntz, President and co-founder of Strata Decision Technology, a market leading provider of web-based financial analytics and performance management software tools used primarily by U.S. hospitals and health systems to enhance their financial planning, budgeting, and reporting processes.

A special program for Charlotte-area high school math teachers is the latest contribution in a national initiative to improve applied math that has seen North Carolina universities and school systems take the lead in making America more competitive in math and science.

When 4,000 experts in everything from greening America’s energy to reducing crowded emergency rooms come to Charlotte on November 13, the city will find itself deluged not only by experts who use analytics for a living but also problem solvers who tackle America’s greatest challenges.

With hepatitis B infecting as many as 10% of people of Asian descent, operations researchers collaborated with a liver transplant surgeon to develop mathematical models that verified the cost effectiveness of hepatitis B interventions. These interventions now successfully screen, treat, and vaccinate millions of Asian and Pacific Islander adults in the U.S. and millions of children in China, according to a paper in a journal of the Institute for Operations Research and the Management Sciences (INFORMS^®).