Is Optimization the tool of choice for improving operations? I tend to say yes, because we can be proud of the impact of optimization on various businesses and industries. See for instance the Franz Edelman Award finalists for examples of tremendous achievements . Yet, I regularly see nice alternative to using optimization techniques being successfully used. Let me give two examples.
I have been visiting a trucking company a while ago, pitching optimization as a way to significantly decrease mileage and... [More]