Fortunately, the development of fifth-generation constraint-based programming has greatly simplified prescriptive analytics model preparation, and it’s no longer necessary to have advanced mathematical programming skills.
This concept centers around practical methods for identifying solutions to business problems by deciding:
These figures show that efforts at inventory optimization aren’t bearing fruit as retailers grapple with the conflicting demands of omni channel retailing and, more recently, the unpredictability posed by trade wars and other global disruptions.