Tag: optimization

Customer Intelligence
Sharad Saxena 0
Assessing classifier performance based on a profit matrix in SAS Viya

The ultimate objective of a churn model is preventing churn by making a retention offer. To determine reasonable values for profit and loss information, consider the outcomes and the actions that you would take given knowledge of these outcomes. For example, the marketing department of a telecommunications company wants to offer a discount to people who are no longer on a fixed-term contract. To prevent churn, the company is willing to make an offer in exchange for a one-year contract extension.

Advanced Analytics
Natalia Summerville 3
Maximize product quality with Optimization and Machine Learning models

Machine Learning models are becoming widely used to formulate and describe processes’ key metrics across different industry fields.  There is also an increasing need for the integration of these Machine Learning (ML) models with other Advanced Analytics methodologies, such as Optimization. Specifically, in the manufacturing industry, SAS explored state-of-the-art science

Advanced Analytics
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Automated linearization in SAS Optimization

Linear programming (LP) and mixed integer linear programming (MILP) solvers are powerful tools. Many real-world business problems, including facility location, production planning, job scheduling, and vehicle routing, naturally lead to linear optimization models. Sometimes a model that is not quite linear can be transformed to an equivalent linear model to reduce

Advanced Analytics
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Mathematical optimization at SAS

Note from Udo Sglavo on mathematical optimization: When data scientists look at the essence of analytics and wonder about their daily endeavor, it often comes down to supporting better decisions. Peter F. Drucker, the founder of modern management, stated: "Whenever you see a successful business, someone once made a courageous decision."

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