The Institute for Operations Research And The Management Sciences, INFORMS was established in 1995 and remains the largest professional society for the study of operations research. It was formed by merging the Operations Research Society of America and the Institute of Management Sciences. INFORMS publishes 12 scholarly journals, provides networking among educators and addresses the need of professionals in the field relating to operations management.

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Room upgrade programs can increase hotel profits up to 35 percent

With travelers spending more than $278 billion on accommodations in the U.S. last year, hotel chains that explore creative new ways to engage customers have the potential to significantly increase their profits. Standby upgrade ...

Study shows social welfare may fall in a more ethical market

For "credence services" such as auto-repair, healthcare, and legal services, the benefit to the customers for the service is difficult to assess before and even after the service. A new study in a journal of the Institute ...

Brands, patents can protect firms from bankruptcy

If a firm faces troubled times during a stable market, strong advertising can carry it through. But when the market is turbulent, a firm's Research and Development is more likely to help save it from bankruptcy. A new study ...

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