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.

There are some buzzwords, that are used quiet often when it comes to analytics. In our new video about buzzwords in analytics, we explain what descriptive, diagnostic, prescriptive and predictive analytics actually are about.

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.