applied mathematics

  • Dell saves 60% on shipping by using complex predictive models

    Dell saves 60% on shipping by using complex predictive models


    If ever anyone tells you that math is all theory and no application, slap them in the face. Then tell them that in just the latest example of applied mathematics having real-world effects, Dell has employed a complex mathematical model to predict shipping rates, inventory problems, and so on, with phenomenal success. Professor of Operations Management Jérémie Gallien says: “Before… Read More