How the deployment of predictive and prescriptive analytics can contribute towards efficient inventory management.
“Let’s use the cloud to solve it faster…” Sounds easy, but does it really meet the expectations when it comes to solving optimization problems? It actually can, but there are some aspects to think about before and we show which ones they are.
Sometimes optimization specialists combine different existing techniques to tackle a new type of problem. This is the case for flow network analysis and the facility location problem by combining them to flow location networks. Let’s see how that works and what can be solved this way.
Is supply chain transformation a way towards differentiation in the highly competitive environment of the chemical industry?
Supply chains for chemicals are as complex as the industry itself. Optimization procedures can make these more resilient.
Optimization and Machine Learning can enhance each other and demonstrate what their combined strength can achieve. A perfect example of this is linear regression. We show you how this works and what you can do with it in this episode.
Strategic decision-making often means large investments. It is important to take all scenarios into account.
In our experience implementing optimization projects successfully depends on several factors. We want to present these to you today.
Operations Research is a little known professional field but it is set to be a big job creator in the coming years. We explain the reasons why.
As promised, we don’t settle for regular heuristics: we make them meta! We explain what that means and how it works in our new episode.
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