SlideShare a Scribd company logo
1 of 8
Retail Mavericks Podcast
with Mark Lawrenson, Product Lead of
HIVERY Curate
DATA HAS A BETTER IDEA
5 key insights on
optimization methods
Commercial in confidence
In 1947, George B. Dantzig
independently developed general
linear programming formulation
to use for planning problems in
the US Air Force.
01
© 2020 HIVERY | 2
Commercial in confidence
02
© 2020 HIVERY | 3
Since, many different optimization
methods have emerged, including
complete methods, heuristic
methods, genetic algorithms and
integer linear programming.
Commercial in confidence © 2020 HIVERY | 4
optimization.
/äp-tə-mə-ˈzā-shən/ noun.
the selection of a best
element with regard to some
criterion from some set of
available alternatives.
Commercial in confidence
03
© 2020 HIVERY | 5
These methods have previously
advanced the military to optimize
the distribution of weaponry.
Commercial in confidence
04
© 2020 HIVERY | 6
Now, these methods are used by
commercial industries, even in
category management.
Commercial in confidence
05
© 2020 HIVERY | 7
Now, you can ensure the right
products are in the right shelf
space at the right store with the
help of HIVERY Curate.
Tune in here.
WANT TO LEARN MORE?
MORE ON:
● SOUNDCLOUD
● SPOTIFY
● GOOGLE PODCASTS
● APPLE PODCASTS

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Mark Lawrenson on the science of optimization methods: finding the best alternative from many

  • 1. Retail Mavericks Podcast with Mark Lawrenson, Product Lead of HIVERY Curate DATA HAS A BETTER IDEA 5 key insights on optimization methods
  • 2. Commercial in confidence In 1947, George B. Dantzig independently developed general linear programming formulation to use for planning problems in the US Air Force. 01 © 2020 HIVERY | 2
  • 3. Commercial in confidence 02 © 2020 HIVERY | 3 Since, many different optimization methods have emerged, including complete methods, heuristic methods, genetic algorithms and integer linear programming.
  • 4. Commercial in confidence © 2020 HIVERY | 4 optimization. /äp-tə-mə-ˈzā-shən/ noun. the selection of a best element with regard to some criterion from some set of available alternatives.
  • 5. Commercial in confidence 03 © 2020 HIVERY | 5 These methods have previously advanced the military to optimize the distribution of weaponry.
  • 6. Commercial in confidence 04 © 2020 HIVERY | 6 Now, these methods are used by commercial industries, even in category management.
  • 7. Commercial in confidence 05 © 2020 HIVERY | 7 Now, you can ensure the right products are in the right shelf space at the right store with the help of HIVERY Curate.
  • 8. Tune in here. WANT TO LEARN MORE? MORE ON: ● SOUNDCLOUD ● SPOTIFY ● GOOGLE PODCASTS ● APPLE PODCASTS