Equity, MF, FD
This post is the first of the many post I plan to write about OR (Operational Research). OR caught my attention in one of the webinars where the presenter alluded to the possibilities of OR and ML in solving some tough business problems. Many organizations use excel based linear models or extrapolation techniques to build project plans. Project constraints like availability of people, skill set and equipment are handled or adjusted manually in the plans. Manual approach while on one side provide confidence to the manager/program team on how to control and execute the program however this technique: Does not provide the true potential of available resources(except for very simple scenarios). Manual planning limits the number of constraints considered. Manual planning discourages continuous planning. Today I will not discuss how OR can help with project planning but another use case with respect to personal financial planning specifically distribution of your inves...