Retired Engineers Group Newsletter 157
Please click below to download the January 2009 REG Newsletter #157.
This newsletter contains details of the 4th February AGM, which includes details of the 2009 REG Technical Program, and details of the following presentation.
Venue: Lecture Theatre N132, Engineering North, Uni of Adelaide
The Science of Making Profitable Decisions
Presentation by Prof. Zbigniew Michalewicz, School of Computer Science, U of A
In the modern information era, managers must recognize the competitive opportunities represented by decision-support tools. Adaptive Business Intelligence systems are a new family of systems that combine prediction and optimization techniques to assist decision makers in complex, rapidly changing environments. These systems address the fundamental questions: What is likely to happen in the future? And what is the best course of action? In this talk, Professor Zbigniew Michalewicz from the School of Computer Science introduces the concepts behind Adaptive Business Intelligence, which aims to provide significant cost savings and revenue increases for businesses. A few real-world examples will be shown and discussed.