In the early days of my career, most of my work was done with optimization analytics, primarily in R&D, Supply Chain and Manufacturing. We utilized methods that had been developed during the second world War to improve complex transport systems. Called then, and still now: Operations Research. These are predictive analytics methods, but did not typically have the richness of data we have today.
A couple of encounters in the past few weeks have led me to think about how the OR techniques are being used used effectively today. A number of companies are still successful in this area, for example Optimization Direct, just met one of their execs.
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