Most companies are already aware of the potential for improvement. But how can optimization potential be identified and quantified? This is where optimization comes in and helps to replace gut feeling with numbers.

Tactical planning serves the goal of continuous improvement. To achieve this mathematical optimization does not only provide the best set of decisions, but also an evaluation of how much a decision is worth. In this episode we explain, how it works.

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.