Hyderabad, March 7 -- Prof .C. Rajendran, Department of Management Studies, IIT Madras, on Friday emphasised on the use of operational research as a prescriptive analytics tool in management.
Addressing at the inaugural session of the two-day International Conference on Emerging Technologies Analytics and Operations (ICETAO-2025) organised by the Department of Operations and IT, ICFAI Business School, here, Prof. Rajendran also emphasised on developing forecasting models, transport planning, and logistics optimization.
These applications align closely with prescriptive analytics, which aims to recommend optimal actions based on predictive insights.
His deliberation also drove the audience towards decision-making models that help organiz...