August 1, 2016 in INFORMS in the News
Sports, airport lines and STEM careers
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https://doi.org/10.1287/orms.2016.04.03
INFORMS members, initiatives and journals continue to make news on a wide range of topics in a variety of forums. Following are recent examples of “INFORMS in the News”:
Understanding sports analytics
An “Insights Weekly” item from Ugly Research highlighted an article in the June issue of OR/MS Today by INFORMS SpORts members Gary Cokins, Walt DeGrange, Stephen Chambal and Russell Walker. The OR/MS Today article demonstrates that sports analytics can be more easily understood by applying classification techniques. This includes analytics for major league players and managers, as well as individual and amateur sports, and franchise and venue management.
- Insights Weekly, June 30
Making a purchase? Not doing research can cost you
Ayelet Israeli of Harvard Business School, and Eric Anderson and Anne Coughlan, both of Northwestern University, share data from their research published in an article in the INFORMS journal Marketing Science regarding whether the manufacturer’s minimum advertised price (MAP) is in fact the lowest price for which an item can be purchased. They found that both unauthorized and authorized retailers will price below MAP, unauthorized retailers as much as 50 percent of the time and authorized retailers up to 20 percent of the time. They also shared that when making a purchase, doing sufficient research can mean an additional 5 percent to 13 percent discount below MAP.
- INFORMS.org, June 10
The analytics of airport lines
In an interview on Channel3000.com’s “Live at Four,” Laura McLay, an associate professor of industrial and systems engineering at the University of Wisconsin-Madison and INFORMS vice president of marketing, provides insight on the scientific and analytical perspective that can help minimize the frustration of airport lines.
- Channel3000.com, May 31
University of Wisconsin-Madison welcomes INFORMS student chapter
After attending several INFORMS conferences and recognizing the opportunities that they provide for communicating and collaborating with peers, a group of graduate students at the University of Wisconsin-Madison established an INFORMS student chapter on campus.
“Being a part of INFORMS is a really good opportunity to step back from what you’re doing specifically in your research, and learn about what other students are doing, learn new methods, and be social with other graduate students,” said Erkin Otles, an industrial and systems engineering graduate student.
- University of Wisconsin-Madison, College of Engineering, May 24
University of Arkansas recognized for academic contribution to O.R. practice
On May 25, the journal Interfaces published “Rothkopf Ranking,” recognizing practice-oriented operations research between 2009 and 2015. Among the recognized was the University of Arkansas, ranked 19th for their student-focused contributions to the field through research tools and procedures to improve the way companies do business.
- University of Arkansas, News, July 15
Tight job market for STEM Ph.D.s seeking university professor careers
With a growing surplus of Ph.D.s in fields such as biology, chemistry and science, it’s becoming more difficult for individuals with an advanced degree to obtain tenured university positions. While there is a high demand for doctorate students in industry, the demand for academics in those same fields is low. According to [INFORMS member and former INFORMS president] Dr. Richard Larson, an operations research professor at MIT, and his colleagues, the demand shifts can be predicted by calculating Ro’s for various fields. The article stated, “Ro is the average number of Ph.D.s that a tenure-track professor will graduate over the course of his or her career, with an Ro of one meaning each professor is replaced by one new Ph.D. The highest Ro is in environmental engineering, at 19.0. It is lower – 6.3 – in biological and medical sciences combined, but that still means that for every new Ph.D. who gets a tenure-track academic job, 5.3 will be shut out. In other words, Dr. Larson said, 84 percent of new Ph.D.s in biomedicine ‘should be pursuing other opportunities’ – jobs in industry or elsewhere, for example, that are not meant to lead to a professorship.”
- The New York Times, July 14
Employing the traveling salesman problem to optimize Pokémon Go
With the location-based augmented reality game Pokémon Go exploding in popularity, [INFORMS Fellow] William Cook, professor at the University of Waterloo, applies the traveling salesman problem to create the most efficient routes in several U.S. cities and universities for Pokémon players to reach all the game stops in that area. ORMS
- University of Waterloo, The Traveling Salesman Problem, July 13
Ashley Kilgore has more than a decade of experience in nonprofit communications and public relations, to include print, radio, video, and web. Contact Ashley Kilgore. Olivia Schmitz is the marketing coordinator at INFORMS.
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