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The Institute for Operations Research and the Management Sciences (INFORMS^®) today announced three finalist schools in the competition for the UPS George D. Smith Prize, an award created to strengthen ties between academia and industry. The award recognizes excellence in preparing students to become practitioners of analytics and operations research.

The Institute for Operations Research and the Management Sciences (INFORMS^®) has announced the six finalist organizations that will compete for the 2013 Franz Edelman Award for Achievement in Operations Research and the Management Sciences, a prize for excellence in advanced analytics, that will take place in San Antonio, Texas next spring.

HANOVER, MD, November 29, 2012 – Fortune 1000 companies that increase their use of marketing analytics improve their return on assets an average 8% and as much as 21%, with returns ranging from $70 million to $180 million in net income, according to a paper written by two key members of the Institute for Operations Research and the Management Sciences (INFORMS^®).

The Institute for Operations Research and the Management Sciences (INFORMS^®) today announced the award of the Daniel H. Wagner Prize by CPMS, the association’s Practice Section, to the U.S. Coast Guard and its research partner, the University of Southern California’s Viterbi School of Engineering. The winners used analytics and operations research to ramp up protection of America’s ports and waterways from unpredictable terrorist attack.

The Institute for Operations Research and the Management Sciences (INFORMS®) announced today that it has awarded the 2012 Impact Prize to Johannes Bisschop, Kevin Cunningham, Robert Fourer, David Gay, Brian Kernighan, Bjarni Kristjansson, Alexander Meeraus, and Linus Schrage.