One more thing about...

Predictive Analytics

One more thing about...

Predictive Analytics

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Life – and planning in particular – would be so much easier if we knew in advance what was going to happen in the future. Of course, that’s not possible. But with predictive analytics, we come pretty close, at least for our planning questions.

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Optimization projects are complex and for our customers every optimization project is a journey into unknown territory. That’s why we divide our projects into 3 phases: the prototype, the minimum viable product and the fully productive product. After we have built a prototype in phase 1 and the Minimum Viable Product in phase 2, now comes the freestyle: all additional wishes and requirements are built in.

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To the untrained eye, it is not immediately obvious whether using a solver is an easy step or impossible. Let’s take a look at problem complexity, scalability to our problem size.

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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.

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