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News Entry# 331607
Mar 17 2018 (00:57) Railways to use mathematical formula to maximise loco usage, increase revenue (m.economictimes.com)
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Posted by: SteelCityRF^~ 3184 news posts
Now, a mathematical formula will be used to optimise the productivity of passenger trains by determining the number of locomotives required for each train, the railways...
A very good move, this is exactly required in all the fields of working of IR i.e. to use the resources more efficiently. How ever, the use of the so called mathematical formula, i.e. computerised mathematical models in operations research is a very old development and IR is too late to adopt it.
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