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The Science of Better Practical operations research[精品]
Business Analytics: The Past, Present and Future of Operations Research
BCSI 2013
Michael Trick
Tepper School of Business, Carnegie Mellon University
The Past
Package Delivery
Internet Search
Mail Delivery
2
The Past
Package Delivery
Internet Search
Mail Delivery
FAILED
3
The Past
Package Delivery
Internet Search
Mail Delivery
4
The Past
Package Delivery
Internet Search
Mail Delivery
Salvagible?
5
Key Idea
Operations Research
6
Operations Research
7
Business Analytics is a Hot Topic
“Business analytics”
8
…. Maybe
Operations research
Management science
Business
analytics
9
Business Analytics
Using data to make better decisions
(what the best operations research has always been)
Change in emphasis: more about data
10
The Past
Package Delivery
Internet Search
Mail Delivery
11
The Past
Package Delivery
Internet Search
Mail Delivery
Google: Treat web pages as data; treat search as optimization
12
The Past
Package Delivery
Internet Search
Mail Delivery
13
The Present
Data
Computer Speed
Algorithms
14
The Present
Data
Computer Speed
Algorithms
2013: $587
From BestBuy
15
The Present
Data
Computer Speed
Algorithms
Total speedup of OR Methods in 15 years: 1 billion times
16
Illustration: TSP with 2392 nodes
2011: Bill Cook and Concorde
with iPhone
1987: Padberg and Rinaldi
17
18
Future: The OR Process
Identify a
Problem
Formulate a Model
Determine
Decisions
Objectives
Constraints
Get Data
Estimate Missing Data
Find Solution to Model
using Mathematical Tools
Validate Solution
Is it reasonable?
Sensitivity
Implement
Solution
19
The Business Analytics Process
Identify a
Problem
Formulate a Model
Determine
Decisions
Objectives
Constraints
Get Data
Estimate Missing Data
Find Solution to Model
using Mathematical Tools
Validate Solution
Is it reasonable?
Sensitivity
Implement
Solution
Get Data
Estimate Missing Data
20
Future is bright!
IBM 2010 Annual report; contrast “cloud” at $7 b and smarter planet $10 b
21
The Future
Linking Predictive and Prescript
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