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Smarter Decisions - The Intersection of Internet of Things and Decision Science

You're reading from  Smarter Decisions - The Intersection of Internet of Things and Decision Science

Product type Book
Published in Jul 2016
Publisher Packt
ISBN-13 9781785884191
Pages 392 pages
Edition 1st Edition
Languages
Author (1):
Jojo Moolayil Jojo Moolayil
Profile icon Jojo Moolayil

Table of Contents (15) Chapters

Smarter Decisions – The Intersection of Internet of Things and Decision Science
Credits
About the Author
About the Reviewer
eBooks, discount offers, and more
Preface
IoT and Decision Science Studying the IoT Problem Universe and Designing a Use Case The What and Why - Using Exploratory Decision Science for IoT Experimenting Predictive Analytics for IoT Enhancing Predictive Analytics with Machine Learning for IoT Fast track Decision Science with IoT Prescriptive Science and Decision Making Disruptions in IoT A Promising Future with IoT

Packaging our results


Let's quickly package our findings and learnings as a solution for John's team. We'll have a quick recap for the entire problem solving journey for the detergent quality use case.

A quick recap

It all started when the manufacturing plant for a giant consumer goods company located in Pune, India faced heavy losses in business due to frequent bad quality detergent being manufactured. John, the operational head, reached out to us to check whether we could help him find out the reasons for the bad quality detergent manufactured. We used the art of problem solving and studied in detail the dynamics of the problem. We spent quality time understanding the problem and then defined the problem using a very famous industry artefact, SCQ.

After defining the problem, we brainstormed on the different factors and designed various hypotheses that could help us in solving the problem. We designed the high-level yet exhaustive solution/blueprint for the problem using a structured framework...

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