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Analytics Magazine

Simulation

SIMULATION ARTICLES

Conference Preview: WSC 2011: Simulation for a Sustainable World

Executive Edge: Executive briefing on simulation in strategic forecasting
Simulation forecasts have several important advantages over single point estimates.

Simulation frameworks: The key to dashboard success

Edelman Award: Safe, Secure Securities Settlement
With analytics as its engine, Indeval’s groundbreaking Dali system brings unmatched speed, efficiency to Mexico’s financial market.

Software Survey: Resources for Spreadsheet Analysts
More than 180 spreadsheet analytics products point way toward better, faster, smarter.

Risk Management: The Agile Enterprise
Integrated business planning for mitigating risk.

Simulation Software Survey
Discrete-event simulation software tools explore strange new worlds and re-examine one we thought we already knew.

Flaw of Averages: Probability Management in Action

Strategic Problems: Modeling the Market Space
A new dimension for the use of multi-criteria decision analysis

For Practioners Only: Seven Sins of Simulation Practice
Practitioners, be advised: Avoid these mistakes or risk damage to your career.

Software Solutions: The ABCs of Simulation Practice
From “arrivals” to “z-values,” an alphabet soup of key components for applying knowledge and judgment to simulation problems.

Corporate Profile: General Electric Global Research Center

Last Word: The Network is the Risk

Software Survey: New Frontiers in Simulation
Biennial survey of discrete-event simulation software tools

Roundtable Profiles: The Schneider Enterprise

Patient Flow
The new queueing theory for healthcare.

Serving the Services Industry
T
he emerging science of service management opens opportunities for business analytics.

SIMULATION NEWS

IBM’s flood prediction technology simulates river systems

Headlines

Using machine learning and optimization to improve refugee integration

Andrew C. Trapp, a professor at the Foisie Business School at Worcester Polytechnic Institute (WPI), received a $320,000 National Science Foundation (NSF) grant to develop a computational tool to help humanitarian aid organizations significantly improve refugees’ chances of successfully resettling and integrating into a new country. Built upon ongoing work with an international team of computer scientists and economists, the tool integrates machine learning and optimization algorithms, along with complex computation of data, to match refugees to communities where they will find appropriate resources, including employment opportunities. Read more →

Gartner releases Healthcare Supply Chain Top 25 rankings

Gartner, Inc. has released its 10th annual Healthcare Supply Chain Top 25 ranking. The rankings recognize organizations across the healthcare value chain that demonstrate leadership in improving human life at sustainable costs. “Healthcare supply chains today face a multitude of challenges: increasing cost pressures and patient expectations, as well as the need to keep up with rapid technology advancement, to name just a few,” says Stephen Meyer, senior director at Gartner. Read more →

Meet CIMON, the first AI-powered astronaut assistant

CIMON, the world’s first artificial intelligence-enabled astronaut assistant, made its debut aboard the International Space Station. The ISS’s newest crew member, developed and built in Germany, was called into action on Nov. 15 with the command, “Wake up, CIMON!,” by German ESA astronaut Alexander Gerst, who has been living and working on the ISS since June 8. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

INFORMS Computing Society Conference
Jan. 6-8, 2019; Knoxville, Tenn.

INFORMS Conference on Business Analytics & Operations Research
April 14-16, 2019; Austin, Texas

INFORMS International Conference
June 9-12, 2019; Cancun, Mexico

INFORMS Marketing Science Conference
June 20-22; Rome, Italy

INFORMS Applied Probability Conference
July 2-4, 2019; Brisbane, Australia

INFORMS Healthcare Conference
July 27-29, 2019; Boston, Mass.

2019 INFORMS Annual Meeting
Oct. 20-23, 2019; Seattle, Wash.

Winter Simulation Conference
Dec. 8-11, 2019: National Harbor, Md.

OTHER EVENTS

Advancing the Analytics-Driven Organization
Jan. 28–31, 2019, 1 p.m.– 5 p.m. (live online)

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