As I have discussed before, R is not only for doing Machine Learning (despite it is a really good tools for it), it also can be used for helping managers to so decision support. In the last two posts (Post 1 and 2), I have explained the main concepts behind the optimization problems. Also, how Read more about Optimization Problem in Power BI using R scripts: Part 3[…]
In the last post, I have explained the main concepts and usage of “Optimization” problems and “Linear Programming”. In this post, I am going to explain a simple example of solving an optimization problems from [1]. Imagin, we have a company that produce Product 1 and Product 2, we want to maximize the profit of Read more about Optimization Problem in Power BI using R scripts: Part2[…]
There are some traditional problems in most of industries like how we can reach maximum profit, sales, production or how we can minimize our cost and loos. These types of problems can be seen in different areas such as microeconomic and company management, such as planning, production, transportation, technology . Although the modern management issues Read more about Optimization Problem in Power BI using R scripts: Part1[…]