Tag: operations research

Algorithms for business resource optimization

5 ways to optimize business decisions with operations research

Linear and Integer Programming A linear program is constituted of a linear objective function that models a profit to maximize or a cost to minimize, and a set of linear constraints that restrict decision variables. It has been the subject of very extensive research, and was given a major boost by Dantzig’s development of the…
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6 Signs your business will benefit from Operations Research

Gentlemen, we are out of money. We shall have to think. Winston Churchill In this article, we highlight 6 Signs your business will benefit from Operations Research 1) You have decisions to make  Are you faced with more decision factors than you can get your arms around? Do your key operational systems lack intelligence? Operations Research…
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