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Operations Research in Practice (Part 3): Modelling

Operations Research in Practice (Part 3): Modelling

by Satyaning Pradnya Paramita | Aug 7, 2022 | DATA SCIENCE

In “Operations Research in Practice (Part 2): Generic Problems”, we discussed the second step of OR in pratice. Once an operations researcher successfully converts the business problem into an OR generic problem, the next step is to formulate the generic problem into...
Operations Research in Practice (Part 2): Generic Problems

Operations Research in Practice (Part 2): Generic Problems

by Satyaning Pradnya Paramita | Jul 21, 2022 | DATA SCIENCE

In “Operations Research in Practice (Part 1): Identifying Problems”, we discussed the first step of OR in practice. Once the problem is successfully identified and structured, an operations researcher will move forward to the second task: converting the problem into a...
Operations Research in Practice (Part I): Identifying Problems

Operations Research in Practice (Part I): Identifying Problems

by Satyaning Pradnya Paramita | May 21, 2022 | DATA SCIENCE

In practice, as we discussed previously in “Better Decision-Making with Operations Research”, the process of solving a problem starts from identifying business problems (the most abstract), converting it into a well-known generic OR problem, formulating its...
Better Decision-Making with Operations Research

Better Decision-Making with Operations Research

by Satyaning Pradnya Paramita | Apr 18, 2022 | RESEARCH

Let’s face it, Operations Research can be a confusing field of study. When someone asks what my major is, I often need to explain what Operations Research is about. I always prepare two types of explanations. The first one is the short one, “oh, it is applied...
A Semi-Poetic Intro to Statistical Modelling (Part II)

A Semi-Poetic Intro to Statistical Modelling (Part II)

by Satyaning Pradnya Paramita | Mar 16, 2022 | DATA SCIENCE

Let us continue our discussion! Recall the scatterplot in Part I below, now with a fitted regression line that best describes a linear relationship between budget and average rating. This is what is enabled by regression analysis. Typically, regression analysis uses a...
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