Tag: Business and management

3 Questions: Enhancing last-mile logistics with machine learning

Across the country, hundreds of thousands of drivers deliver packages and parcels to customers and companies each day, with many click-to-door times averaging only a few days. Coordinating a supply chain feat of this magnitude in a predictable and timely way is a longstanding problem of operations research, where researchers have been working to optimize […]

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QS World University Rankings rates MIT No. 1 in 11 subjects for 2024

QS World University Rankings has placed MIT in the No. 1 spot in 11 subject areas for 2024, the organization announced today. The Institute received a No. 1 ranking in the following QS subject areas: Chemical Engineering; Civil and Structural Engineering; Computer Science and Information Systems; Data Science and Artificial Intelligence; Electrical and Electronic Engineering; […]

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Study finds workers misjudge wage markets

Many employees believe their counterparts at other firms make less in salary than is actually the case — an assumption that costs them money, according to a study co-authored by MIT scholars. “Workers wrongly anchor their beliefs about outside options on their current wage,” says MIT economist Simon Jäger, co-author of a newly published paper […]

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