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Linear programming in R: an lpSolveAPI example
First of all, a shout out to R-bloggers for adding my feed to their website! Linear programming is a valuable instrument when it comes to decision making. This post shows how R in conjunction with the...
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Estimating required hospital bed capacity
Estimating required hospital bed capacity requires a thorough analysis. There are a lot of ways of approaching a capacity requirement problem, but I think we can agree that a simple spreadsheet...
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Genetic algorithms: a simple R example
Genetic algorithm is a search heuristic. GAs can generate a vast number of possible model solutions and use these to evolve towards an approximation of the best solution of the model. Hereby it mimics...
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Using column generation to minimize production waste
Minimizing production waste can result in significant cost savings. However, calculating just the right production configuration can be a tedious task. Let’s take the example of a firm which delivers...
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