Ever delivered a beautiful optimization model… only to watch it die in a SharePoint folder? Welcome to the reality of operational decision support: it’s not the math that kills projects. It’s everything after the math. We’ve built models that sliced millions off cost curves, balanced resource allocations down to the minute, and…
ChatGPT and OR: 6 non-obvious ways to make your daily work easier (and 3 which will make your work harder)
ChatGPT is everywhere these days. OR folks seem not to talk about it too much, or at least not in the context of daily work. Here are six ways ChatGPT can save you loads of time daily. On top, I will also present three other tempting ones, where I would not trust ChatGPT too much….
Saving EUR370k per annum thanks to Mathematical Optimization. See how can you use it (even if you’re an SME)
We all heard the news about AI enabling billions of dollars of savings for banks, airlines or electric network managers. But even if your company is no Amazon (yet), it can still make a large gain by applying Mathematical Optimization techniques. Today, I will briefly discuss two use cases of Mathematical Optimization amongst SMEs throughout…
Two Spectacular Use-cases of Mathematical Optimization In Energy Sector
Energy is a hot topic currently. Especially in Europe, we are fearing the upcoming winter – are we going to face blackouts? Are our houses going to be warm and cosy, as we’re used to? It turns out that Mathematical Optimization has something to offer in the realm of energy and utilities. Today, I’d like…
5 Not-So-Obvious Reasons Why We Need AI In Healthcare
A lot has been said about how AI will revolutionize health care. Indeed we have algorithms which can help radiologists assess X-Ray pictures or CT / MR results. We are also developing robots which can perform complex operations in the human body. But there are also numerous other applications for AI techniques. Usually, they are…
The Ultimate Fix To Your Production Planning Problems (also known as Mathematical Optimization)
In my previous post, I showed you three of the biggest pains of production planning managers. This time, I would like to show you how one can overcome these using mathematical optimization. But first of all, I need to apologize for the small delay in the publication of this post. I spent the last week…
3 Things We All Hate About Production Planning
September can be beautiful in Europe. It’s still warm, the days are still relatively long and kids are back at school… But in a planning manager’s life, some things are still the worst, despite all the beauty of late summer. Here is a list of three things planning managers hate — to celebrate this late…
A primer on Mathematical Optimization – what is it and why do you need it
This blog is about showing how to use AI in planning processes. In this post, I’d like to introduce you to mathematical optimization – the most important AI technique used to guide decision-making. It is the workhorse of AI-based planning. I’ll also mention the ways it helps businesses around the world. And finally –…
How to cut patient waiting time by 94% with Lean and AI
AI can unlock the most potential when processes are stable and predictable. In practice, this is frequently not the case. This is why some people pair up the capabilities of AI with other techniques. In my today’s post, I would like to tell you a story described in a great paper by Alessandro Agnetis,…
The Ultimate Guide to Scoping An Optimization Project
We’ve all been there. We know that there is a problem somewhere in resource allocation. We have also already established that we need a decision support tool (read more about the decision support paradigms here). Then, we come to the phase of scoping our optimization project. To that end, we need to figure out what…