O.R. & Analytics Student Team Competition 2019
Congratulations to our 2019 Finalists
CATONSVILLE, MD, March 7, 2019 – Six student teams from around the world have been selected as finalists in the third annual INFORMS O.R. & Analytics Student Team Competition. The competition highlights impressive young talent and provides O.R. and analytics students the opportunity to solve the kinds of real-world workplace challenges they will face during their careers.
Out of a record 292 teams from 25 countries registered for the 2019 competition, this year’s finalists are (in alphabetical order):
- Hankuk University of Foreign Studies, Republic of Korea
- Hebrew University of Jerusalem, Israel
- Korea Advanced Institute of Science and Technology, Republic of Korea
- Tilburg University, Netherlands
- University of Belgrade, Serbia
- University of Maryland University College, United States
Each student team is challenged to use an O.R. and analytics approach to solve a complex business problem, using identical data sets and a choice among 10 complimentary software options.
The problem and funding for the 2019 competition was provided by General Motors (GM), a leading vehicle manufacturer that designs, manufactures, markets, and distributes vehicles and vehicle parts, and has been pushing the limits of transportation and technology for over 100 years.
Teams were challenged to help GM analyze how autonomous vehicles may change the finished vehicle delivery and operating processes. This involved designing a vehicle delivery network, including the routing for each plant-dealer-vehicle combination. The objective was to minimize total costs while satisfying all constraints. Students were provided with GM datasets, as well as access to company technical and management personnel.
“As an organization that has benefited from the implementation of a strong O.R. and analytics program, General Motors is thrilled to support the next generation of O.R. and analytics professionals, and better prepare them for future careers by challenging them to solve a difficult problem we face in our industry,” said Jon Owen, director of the Advanced Analytics COE at General Motors.
A panel of 18 judges comprised of industry experts and academic leaders reviewed each team’s written submission, evaluating their analytics process, including problem framing, methodology selection, data use, model building and quantitative analysis.
In addition to the written submission, the finalist teams will present their solutions to a judging panel at the INFORMS Business Analytics Conference in Austin, TX, on April 14-16, at which time the winning teams will be chosen.
An INFORMS competition that provides real-world workplace experience for undergraduate and master’s level students.
Student teams are given the same business problem, data sets and access to software to solve a challenging problem using an O.R./analytics approach. A panel of industry and academic experts judge written submissions based on teams’ use of the full analytics process, from framing the problem to methodology selection, data use, model building and innovation. Teams selected as finalists present their solutions to a judging panel at the INFORMS Business Analytics Conference in April 2019, with the winners announced at the conference. Students:
- Gain practical experience in taking a business problem and solution through the complete O.R./analytics decision process.
- Work on a real business problem, of critical importance to the company serving as Title Sponsor. The 2019 Title Sponsor is General Motors (GM).
- Take advantage of opportunities to interact with the Title Sponsor’s technical and management personnel.
- Demonstrate skills in communication, teamwork, and presentation.
- Win valuable prizes for team members and prestige for their school. Awards are: $7,500 First Prize, $5,000 Second Prize, $3,500 Third Prize, and 3 Honorable Mention awards at $1,000 each.
The registration deadline has passed. However, teams interested in registering late should email email@example.com to request permission. The deadline to submit an entry is January 25, 2019. Teams must register before submitting an entry. While some opportunities to interact with General Motors staff and Committee experts have already taken place, late-registering teams will have access to recordings of webinars, as well as written questions submitted by teams with answers provided.
Terry Cryan, Special Projects Associate