Franz Edelman Award for Achievement in Operations Research and the Management Sciences

The Franz Edelman Award for Achievement in Operations Research and the Management Sciences recognizes excellence in the execution of operations research on the organizational level.

The award is presented annually by the Institute for Operations Research and the Management Sciences (INFORMS).

The international competition pits six teams from industry, government, healthcare, and the non-profit sectors.

It began in 1971 as the TIMS Prize and was named for Franz Edelman, the operations research director of RCA, shortly after his death in 1982.

Since its inception, nearly $250 billion in benefits have been tabulated among Franz Edelman Award finalist teams.