ORSSA @_ORSSA
The Operations Research Society of South Africa. At the forefront of analytics in Africa. https://t.co/enD1KDbV4j orssa.org.za South Africa Joined January 2015-
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In this edition of Get to Know the Members of ORSSA, we feature Dave Evans, an additional member of the Executive Committee. As part of the ORSSA Exec, Dave contributes to supporting the society’s activities and helping strengthen the OR community. orssa.org.za/post/get-to-kn…
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Today, Monte Carlo methods are used throughout operations research, from risk analysis and simulation to inventory management and financial modelling. #OperationsResearch #MonteCarlo #Simulation #Optimization #Mathematics
Because chance played such a central role in the calculations, the method was nicknamed after one of the world's most famous gambling destinations.
🔍📊 OR Fact Friday 🎲 Ever wondered why we call it the Monte Carlo method?
His key idea, the Nash equilibrium, describes a situation where no player can improve their outcome by changing strategy alone, assuming everyone else keeps theirs unchanged.
🔍📊 OR Fact Friday In 1994, John Nash received the Nobel Prize in Economics for work that became foundational to game theory and operations research.
In this edition of Get to Know the Members of ORSSA, we feature Gavin le Roux, who serves as Head of Member Relations on the Executive Committee and is currently the Chairperson of the LOC for the upcoming Stellenbosch ORSSA Conference. orssa.org.za/post/get-to-kn…
Many of the hardest problems in logistics, routing, and scheduling seemed to share a common computational hardness, beyond just being difficult to solve in their own right. More than 50 years later, we still haven’t found an efficient algorithm for any NP-complete problem.
What made this especially striking for operations researchers was the list itself: among them was set covering, 0-1 integer programming, knapsack problems and job sequencing. Even the Hamiltonian cycle problem, closely related to the travelling salesman problem, was there.
🔍📊 OR Fact Friday In 1972, Richard Karp published a paper that fundamentally changed how we think about hard optimisation problems. Building on earlier work by Stephen Cook and Leonid Levin, Karp showed that 21 different problems were all NP-complete.
Make sure to check out the ORSSA blog to see previous editions of this series! orssa.org.za/blog
Another weekly series we've been doing on our other social media is Get to Know the Members of ORSSA. In this edition, we introduce one of the newest members of the Executive Committee, Klara Engelbrecht, our Head of Events. orssa.org.za/post/get-to-kn…
We've been posting OR Fact Friday posts on our other social media, but our Head of Marketing lost the log-in details to our X account until just now. Check out a round-up of those posts here: orssa.org.za/post/or-fun-fa…
Explore the latest issue of ORiON wix.to/PoSqtRw
Join speakers from the MSF, the University of Edinburgh and Stellenbosch University in November. Explore the challenges of planning logistics operations for delivering high-quality medical care in complex and dynamic environments. Visit orssa.org.za/workshops for more info.
Don't miss 'SIG: History - OR: I Remember' featuring Jos Grobbelaar! Discover the origins of Operations Research in South Africa on 22 October 2025 at 18:00 SAST. Click for details: wix.to/XWepTdD #OperationsResearch #ORSSA
The wait is almost over! The first day of the OR Workshop, hosted by the UCT Department of Statistical Sciences @StatsUct, is almost here. Looking forward to a fantastic 3 day program starting on Wednesday the 10th. Links here: orssa.org.za/workshops #OR
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