Kedros Analytics’ Post

Maximizing fuel efficiency is a critical goal for shipping companies. AI algorithms can be used to analyze a wide range of factors that affect fuel consumption. For example, determining the optimal speed for each voyage depends on factors like the ship’s weight, weather conditions, and delivery deadlines. AI algorithms can analyze these factors to recommend the most fuel-efficient speed for each leg of the journey without compromising overall performance or customer expectations. Have you been using AI, statistics or optimization algorithms to predict, analyze and minimize fuel consumption? What are your thoughts on their effectiveness? #AI #analytics #OperationsResearch #predictive #prescriptive

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