Insights for Business Executives and Optimization, AI and Advanced Analytics Practitioners
Insights for Business Executives and Optimization, AI and Advanced Analytics Practitioners
Over a year ago, I discovered a wonderful article by Hadley Wickham introducing the concept of “Tidy Data.” Here is a complete reference: Hadley Wickham, “Tidy Data”, Journal of Statistical Software, Volume 59(10), August 2014. Wickham, a major contributor to the open source R package for statistical analysis, was addressing the needs of statisticians in […]
Here is a true story about a visit to a major asset operations planning center. Our host executives had told us about their smart system and how, through optimization, it executed the planning and scheduling. They took us on a tour of the facility and pointed out the team of specialists. My colleagues and I […]
For the INFORMS oral histories initiative that spotlights giants of operations research, I recently had the great pleasure to interview Egon Balas, who has led two lives, both of which are extraordinary success stories. In the first, he came of age in Romania prior to World War II and joined the underground communist movement to […]
QuadGraphics, www.qg.com, an NYSE company, is the second largest print and integrated media solutions provider in North America. The firm’s leaders have consistently emphasized improving performance through innovation and, as evidence of that commitment, they invited us several years ago to look for optimization opportunities at their organization. First, they showed us the printing presses, […]
I’ve often heard stories from my operations research colleagues about fantastic results obtained from advanced analytics models they have built, but the models were never used in the business. Typically, the lack of acceptance of their models was due to a lack of understanding of what would be required for successful integration of those models […]
If you are an executive exploring whether or not optimization will help your company raise its level of competitive play, I don’t advise running out to sign up for a crash course in advanced mathematics. There’s no need for you to become a quant, but it would help to think a bit like one. Begin […]
