Princeton Optimization

Electrification and the Proposed Infrastructure Plan: Talking Tech with Truckers

Steve is a frequent guest on Sirius XM Radio’s Road Dog Trucking, hosted by Mark Willis. Following is a lightly edited excerpt from his April 1 appearance. Steve Sashihara: Fortuitously, we added electric trucks to our survey this year. The president’s proposed infrastructure plan is very heavy on electric vehicles, and I think trucking will […]

10 Tactics to Manage Decision-Scoring Project Risks in AI and Optimization

Following is a lightly edited excerpt from Steve’s presentation for “New Frontiers of Analytics Practice” at the INFORMS Annual Meeting in November. For his introductory discussion of fuzzy objectives, see the previous post.   1. We start by creating cost functions around tangible economics of outlays and revenues because the pre-AI objective has often been […]

Optimizing Manufacturing Policies for COVID-19 and Future Pandemics

As the COVID-19 pandemic continues to evolve under great levels of uncertainty, manufacturing executives are urgently formulating policies to keep their facilities operating while protecting workers from infection. These policies include macro issues, such as which workers are essential, down to micro policies such as how to best manage shared areas like hallways, break rooms and […]

2020 Survey Results: Digital Disruption in Freight Transportation and Logistics

Princeton Consultants recently conducted its annual survey, begun in 2016, of transportation executives about their views of disruptive technologies and the impact on business areas. CEO Steve Sashihara summarized the results on a conference call with Stifel Managing Director of Research David Ross. Following is a lightly edited excerpt. Half of the respondents are executives […]

Coronavirus and Supply Chain Failures: Techniques to Mitigate the Bullwhip Effect

On a March 27 conference call with Stifel Capital Markets and transportation executives nationwide, Steve summarized the results of the annual Princeton Consultants survey about tech disruption in freight transportation and logistics. This Freightwaves article summarized the survey and the findings. In the second half of the call (lightly edited excerpts below), Steve explained that in […]

Physics, Academia and Princeton Consultants

A former colleague recently offered “some controversial and unpopular advice on ultimately succeeding in academia” in University Business, which covers college and university management of enrollment, IT, facilities and academic affairs.In “Why You Should Not Become an Adjunct–Yet,” Dr. Matthew Wright, chair of the Department of Physics at Adelphi University, encourages aspiring professors to leave […]