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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 A comprehensive guide for solving IoT business problems using decision science

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Product type Paperback
Published in Jul 2016
Publisher Packt
ISBN-13 9781785884191
Length 392 pages
Edition 1st Edition
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Author (1):
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Jojo Moolayil Jojo Moolayil
Author Profile Icon Jojo Moolayil
Jojo Moolayil
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Table of Contents (10) Chapters Close

Preface 1. IoT and Decision Science FREE CHAPTER 2. Studying the IoT Problem Universe and Designing a Use Case 3. The What and Why - Using Exploratory Decision Science for IoT 4. Experimenting Predictive Analytics for IoT 5. Enhancing Predictive Analytics with Machine Learning for IoT 6. Fast track Decision Science with IoT 7. Prescriptive Science and Decision Making 8. Disruptions in IoT 9. A Promising Future with IoT

Resurfacing the problem - What's next?

Before exploring the different techniques for predictive analytics, let's take a step back and understand what's next in order to solve the problem better. After finding out the reasons for the bad quality produce in the previous chapter, we assimilated all our learnings to draft a story. John seemed to be very impressed with the solution. His team studied the different factors that affected the quality of the detergent manufactured and brainstormed for countermeasures to alleviate bad quality produce before manufacturing the detergent. The team identified one critical output quality parameter-Output Quality Parameter 2-that affects the end outcome the most and reached out to us to check whether we could build a solution that would aid them in understanding the quality of detergent before the manufacturing process. Had the team been aware beforehand about the end quality of the detergent going to be manufactured, they could immediately...

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