ORSSA

Sometimes the biggest improvement doesn't come from a more sophisticated model. It comes from measuring the right thing. #OperationsResearch #DataScience #DecisionScience #Analytics #SouthAfrica #Optimization

That seemingly small change in perspective led to a better driver selection scheme and a reduction in bus accidents. It's a great reminder that Operations Research isn't just about finding better solutions: it's about asking better questions.

🔍📊 OR Fact Friday 🚍 One of South Africa's earliest Operations Research success stories came from an unexpected place: a Johannesburg bus company.

#OperationsResearch #SupplyChain #LeanManufacturing #Optimization #JustInTime

Systems designed for maximum efficiency are often less resilient to rare, large-scale disruptions. That's why modern supply chains increasingly balance efficiency with robustness, rather than chasing either one in isolation.

🔍📊 OR Fact Friday 🚚 Just-in-time (JIT) manufacturing is one of the biggest success stories in modern operations research, and one of the most misunderstood.

In this edition of Get to Know the Members of ORSSA, we feature Bowen Heinrich, who serves on the Executive Committee as Head of Marketing In this short interview, we learn more about Bowen, his interests, his experiences and also something about a donkey orssa.org.za/post/get-to-kn…

In this edition of Get to Know the Members of ORSSA, we feature Dave Evans, an additional member of the Executive Committee. As part of the ORSSA Exec, Dave contributes to supporting the society’s activities and helping strengthen the OR community. orssa.org.za/post/get-to-kn…

Today, Monte Carlo methods are used throughout operations research, from risk analysis and simulation to inventory management and financial modelling. #OperationsResearch #MonteCarlo #Simulation #Optimization #Mathematics

Because chance played such a central role in the calculations, the method was nicknamed after one of the world's most famous gambling destinations.

🔍📊 OR Fact Friday 🎲 Ever wondered why we call it the Monte Carlo method?

His key idea, the Nash equilibrium, describes a situation where no player can improve their outcome by changing strategy alone, assuming everyone else keeps theirs unchanged.

🔍📊 OR Fact Friday In 1994, John Nash received the Nobel Prize in Economics for work that became foundational to game theory and operations research.

In this edition of Get to Know the Members of ORSSA, we feature Gavin le Roux, who serves as Head of Member Relations on the Executive Committee and is currently the Chairperson of the LOC for the upcoming Stellenbosch ORSSA Conference. orssa.org.za/post/get-to-kn…