
Commentary: Let’s not lose sight of stubborn supply chain challenges
An abundance of holiday shopping choices might lead consumers to believe the supply chain is in OK shape again. Wrong!
An abundance of holiday shopping choices might lead consumers to believe the supply chain is in OK shape again. Wrong!
Some of the state’s largest utilities say they’re prepared to respond to physical attacks on their facilities after a recent incident in North Carolina where substations were hit by gunfire, leaving thousands without power.
It's possible, but Duke Energy says it's ready to adapt to a spike in demand by beefing up the grid and giving consumers incentives to charge vehicles during off-peak hours. Power concerns and lack of public infrastructure could be stifling widespread EV adoption.
Researchers at the University of Massachusetts Amherst recently published a paper in Nature Communications showing that when first-year female STEM students are mentored by student peers, the positive ripple effect lasts throughout their undergraduate years and into their postgraduate lives, enhancing the mentee’s subjective experience as well as objective academic outcomes.
Troy, COO of an overhead crane providers firm, hung up the cellphone and shot a apprehensive have a look at the backlog of orders on his desk. An essential buyer had simply confirmed necessities for 2 massive industrial overhead cranes. In regular instances he can be delighted, however with a 12-month backlog totaling practically $1srcsrc million, the corporate was dealing with a dilemma. Given the disruptions and delays in his personal provide chain, the sturdy temptation was to extend orders to make certain no less than a few of the elements he was ready for could be delivered on time. However he recalled the Beer Sport, a enterprise simulation train developed at MIT: college students in a beer keg provide chain simulation ordered increasingly from their distributors (at greater and better costs) till the well-known bullwhip impact set in, bankrupting the scholar groups. Troy was decided to withstand the urge to over-order from his suppliers, however he knew one thing should change. Was there a technique to create higher partnerships and streamline his provide chain, creating win-win outcomes?
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
Can we really trust AI to make better decisions than humans? A new study says … not always. Researchers have discovered that OpenAI’s ChatGPT, one of the most advanced and popular AI models, makes the same kinds of decision-making mistakes as humans in some situations—showing biases like overconfidence of hot-hand (gambler’s) fallacy—yet acting inhuman in others (e.g., not suffering from base-rate neglect or sunk cost fallacies).
The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
Oklahoma State University's Sunderesh Heragu joins LiveNOW's Austin Westfall to discuss the evolving economic landscape after President Trump implemented tariffs on some of our biggest trade partners. Most tariffs have been halted for now -- but not with China. Beijing and the White House have levied steep tariffs on each other. Trump announced that tariffs on China would reach 145 percent. In response, China imposed 125 percent tariffs on U.S.-imported goods.
Washington’s experiment with tariff trade torment makes lab costs soar; ‘it’s like doubling the price tag’, US researcher says
In the case of upgrading electrical and broadband infrastructure, new analysis from the University of Massachusetts Amherst reveals {that a} “dig once” strategy is almost 40% more economical than changing them individually.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.