Pitt researcher presents findings on when to accept organ transplants

Pitt researcher presents findings on when to accept organ transplants

Potential Impact of a Targeted Cardiopulmonary Resuscitation Program for Older Adults on Survival from Private-residence Cardiac Arrest -- Swor et al.

Potential Impact of a Targeted Cardiopulmonary Resuscitation Program for Older Adults on Survival from Private-residence Cardiac Arrest -- Swor et al. 12 (1): 7 -- Academic Emergency Medicine
Medical Research Application of Monte-Carlo Simulation. From the article:
Monte Carlo simulation (n = 10,000) and sensitivity analyses (n = 40) were used to assess median and the empiric 95% confidence intervals [CIs] for incremental survival with either intervention.

Nevada Geothermal Power Inc.: Releases GeothermEx Report on Blue Mountain

Nevada Geothermal Power Inc.: Releases GeothermEx Report on Blue Mountain
Interesting Application of Monte-Carlo Simulation. From the article:
"The potential megawatt (MW) capacity of the Blue Mountain reservoir has been estimated by Monte Carlo simulation to have a minimum value of 30 MW (90% probability) and a most likely value of 47 MW. This is based on volumetric estimates of heat in place assuming an area of 5 to 8 square kilometers (2 to 3 square miles), a reservoir thickness of 350 to 1,500 m, an average reservoir temperature in the range of 145 to 220 degrees C."

Tips For the Last 10 Years of Work

Tips For the Last 10 Years of Work
From the article:
Time was when you would use simple average stock-and bond-market returns to calculate your investment goals. Stocks have risen on average 12.5 percent since July 1932 and bonds have gained on average 5.5 percent, says Ibbotson Associates. But in reality, stocks behave much differently, rising 54 percent in their best year and falling 35 percent in their worst year.

That's why most experts, including Susan Hirshman, managing director JPMorgan Fleming Asset Management in New York, recommend using a "Monte Carlo simulation" to predict whether you will build a sufficient nest egg.

The New Discipline of Services Science

The New Discipline of Services Science
Interesting article about the integration of IT, Operations Research, and Operations Management in creating competitive advantage.

Forestry Giant, JD Irving, Counting on Small Changes to Decision-making to Account for Big Gains to the Bottom-line - Articles

Forestry Giant, JD Irving, Counting on Small Changes to Decision-making to Account for Big Gains to the Bottom-line - Articles

Real-Life Optimization. This is a Linear Programming-Based Solution. From the article:

Specifically, the company is changing how (and when) it decides to allocate logs to manufacturing facilities, what products to produce and what markets to sell them in. "What we are talking about is optimizing the allocation of wood fibre with the aim of maximizing net cash flow from across all of our operations," explains Ian Taviss, JDI Management Forester, who is spearheading the program to change wood allocation decision-making within the organization.

T Rowe Price Report: Application of Simulation in Retirement Planning

T. Rowe Price Reports. The Winter 2005 Price Report contains a special section on retirement planning. The dominant methodology for analysis of retirement scenarios is Monte Carlo Simulation.

New Gamble in Predicting Returns

New Gamble in Predicting Returns

The Cornell Daily Sun - Profs Rethink Exam Times

The Cornell Daily Sun - Profs Rethink Exam Times

Robert Powell: Retirement investing just got trickier with rule change - Financial - General News - Financial Services - Personal Finance

Robert Powell: Retirement investing just got trickier with rule change - Financial - General News - Financial Services - Personal Finance

Supply & Demand Chain Executive > Research > Archived Articles > Manhattan Associates Inks Deals for Carrier Management Apps

Supply & Demand Chain Executive > Research > Archived Articles > Manhattan Associates Inks Deals for Carrier Management Apps

NPR : Scientists Seek to Make Waiting in Line More Bearable

NPR : Scientists Seek to Make Waiting in Line More Bearable

Sidebar: Operations Research: It's Not Just for Supply Chains Anymore - Computerworld

Sidebar: Operations Research: It's Not Just for Supply Chains Anymore - Computerworld

Sidebar: Operations Research Methods and Measures - Computerworld

Sidebar: Operations Research Methods and Measures - Computerworld

Modeling Magic - Computerworld

Modeling Magic: Computerworld February 7, 2005
Story about the use of Operations Research (O.R.) at Proctor & Gamble.