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The Young Optimization Crackerjack Contest by IEOR @ IITB & McKinsey Knowledge Centre India

About the Event

Tips for solving the challenge

We are conducting help hour Slack session between8PM and 9PMon15 and 16 Feb 2018, Join Here.

Industrial Engineering and Operations Research atIIT Bombay (IEOR@IITBombay)andMcKinsey Knowledge Centre Indiahave partnered to create a challenging competition for people interested in Analytics.

Winners of the competition stand to win prizes worth rupees 1 Lakh+.

  • 1st Prize: Ipad pro
  • 2nd Prize: Bose wireless headphone
  • 3rd Prize: Kindle Oasis

IEOR Day @ IIT Bombay is a full day event focused on Operations Research and Analytics topics. Academicians and practitioners from the industry, across domains, will come together to discuss the latest and greatest of analytics on this day.

Ronald Coase had stated "If you torture the data long enough, it will confess". We hope that this competition will ignite the innovator in you and give you a glimpse of how data analytics techniques are useful in solving real life operations research problems.

Final Result (Post Interview Process)

Rank1:shashankjakka
Rank2:Akash063
Rank3:vbabu75

About McKinsey & Company

McKinsey & Company is a global management consulting firm that serves leading businesses, governments, non-governmental organizations, and not-for-profits. We help our clients make lasting improvements to their performance and realize their most important goals. We take a consistent approach to recruiting and developing our people, regardless of where they are based. This structure ensures that we can quickly deliver the right team, with the right experience and expertise, to every client, anywhere in the world.

McKinsey Knowledge Centre India (McKC) is an integral part of McKinsey & Company. Located in Gurgaon and Chennai McKC is the largest hub of global knowledge and analytics talent with over 1000 professionals across research, advanced analytics, digital, IT and other functions. Our analytics professionals work along side our global consulting teams to help our clients make lasting improvements and realize their most important goals. Today over 200 analytics professionals across a range of domains such as Operations, Supply Chain, Marketing & Sales, Risk call McKC their home.



About IEOR, IIT Bombay

Industrial Engineering and Operations Research (IEOR) at IIT Bombay focuses on methodologies for efficient system operations and optimal utilization of resources. It is strong in modeling and analysis of complex systems and building practical solutions. IEOR offers programs leading to MTech and Ph.D. degrees where students work on challenging problems related to supply chain management, logistics, pricing of services, etc.

Concepts and results from IE & OR are becoming increasingly important these days in almost all sectors of the economy viz., manufacturing, transport, service, agriculture, education, communication etc. With present day technology, various types of data, including the transactional type, are available relatively easily and designing appropriate decision-making algorithms is becoming a realistic goal, sought by competitive and forward-looking organizations in both private and public sector.

Contest Guidelines

  • The competition starts at 00:00 hours (UTC + 5:30 ) on 10th February, 2018 and closes at 23:59 hours on 19th February, 2017 (UTC + 5:30)
  • Participants can only use free open source software (MS-office is fine)
  • Individual participation only (no team formation)
  • One person cannot participate with more than one user account.
  • External data sets and sources cannot be used in the modeling exercise
  • Setting Final Submission with code file is mandatory for the leaderboard positions.
  • Winners will be required to make a presentation (over skype) to explain the algorithm and methodology of solving this problem

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Registration Details

1163

Total registered

1

Number of teams

Know where you stand

Spaces You Can Join

Data Science

Over here, you can engage in discussions, ask questions, share insights, and converse about all things Data Science, from regression models to LLMs!

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10.4K

Generative AI

Over here, you can engage in discussions, ask questions, share insights, and converse about all things Data Science, from regression models to LLMs!

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10.4K

Data Engineering

Over here, you can engage in discussions, ask questions, share insights, and converse about all things Data Science, from regression models to LLMs!

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10.4K

Frequently Asked Questions

Find the answers for the most frequently asked questions

Participants benefit from one-on-one feedback, publication on a respected platform, recognition from a global audience, and monetary rewards for each published article. Additionally, the top articles receive special rewards.

Each article must be original, and pass plagiarism and not AI generated content checks. You can submit multiple articles as long as each is distinct. Proper citation of all references and image sources is mandatory.

There are no specific requirements to register for the hackathon, although it is recommended to have some basic knowledge of the relevant topics, such as Data Science, Machine Learning, or Deep Learning, along with proficiency in a coding language, preferably Python.

In the Blogathon, an article typically explores a specific topic or idea within Data Science or Generative AI and is required to be at least 1000 words long. A guide, on the other hand, is a more comprehensive resource, covering all aspects of a particular subject in data science, and must be at least 2500 words long. Guides aim to serve as a one-stop resource, providing detailed insights and practical applications, whereas articles might focus on narrower or more specific topics.

Depending on the type of competition, you can participate individually or in a team.

Multiple submissions of the same article are prohibited and could lead to disqualification. Articles failing to meet the required length, originality, or citation standards will be rejected.

AVCC is a community for authors who have had three or more articles published in the Blogathons. Members benefit from monetary rewards for each published article and get the opportunity to showcase their work to a larger audience.

You can access the problem statement under the "Problem Statement" tab once the Hackathon is live.

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