April 9, 2013
/PRNewswire-USNewswire/ -- The Dutch Delta Program Commissioner, whose work to prevent flooding created notice in the wake of Hurricane Sandy, won the 2013 Franz Edelman Award for Achievement in Operations Research and the Management Sciences at a banquet sponsored by the Institute for Operations Research and the Management Sciences (INFORMS) in
The competition took place at the
INFORMS 2013 Conference on Business Analytics and Operations Research
. INFORMS is the premier organization for advanced analytics professionals.
congratulates the team on winning this important, prestigious award. "Almost 60 percent of
is vulnerable to flooding," he said. "The objective of the Dutch Delta Approach is not to respond to a flood disaster but to avoid it. This innovative project has contributed significantly to improved flood protection in
while at the same time steering public funds in the most efficient way."
Delta Commissioner of Holland
CPB Netherlands Bureau for Economic Policy Analysis
Delft University of Technology
; Ministry of Infrastructure and the Environment,
, on the winning submission, entitled "
'Economically Efficient Flood Standards to Protect the Netherlands against Flooding
The Franz Edelman competition, now celebrating its 41
year, attests to the contributions of operations research and analytics in the profit and non-profit sectors. Since its inception in 1972, cumulative dollar benefits from Edelman finalist projects have reached
Protection against flooding is a vital issue in
since 55% of this country is susceptible to flood risk. Each year the Dutch government spends roughly €1 billion on protection by dikes and dunes. In total there are 3,500 kilometers of primary dikes in
The country's second
Delta Committee recommended increasing all protection standards by at least a factor of ten, a highly costly step given limited funds. Using operations research techniques, the team determined that it is efficient to limit increased standards to only three critical regions. These results, accepted as a basis for policy by the minister of Infrastructure and Environment, led to €7.8 billion less investment costs while strengthening the country's defense against the kind of devastation that cost massive damage in
the United States
during Hurricane Sandy and resulted in thousands of deaths in
during a major storm in the early 1950's.
The six finalists competing in the 2013 Franz Edelman Award Competition included teams from Baosteel, Chevron, Dell, Kroger, and McKesson.