Using a quantum computer to solve a real-world problem - what can be achieved today?

Quantum computing is an important developing technology with the potential to revolutionise the landscape of scientific and business problems that can be practically addressed. The widespread excitement derives from the potential for a fault tolerant quantum computer to solve previously intractable problems. Such a machine is not expected to be available until 2030 at least. Thus we are currently in the so-called NISQ era where more heuristic quantum approaches are being applied to early versions of quantum hardware. In this paper we seek to provide a more accessible explanation of many of the more technical aspects of quantum computing in the current NISQ era exploring the 2 main hybrid classical-quantum algorithms, QAOA and VQE, as well as quantum annealing. We apply these methods, to an example of combinatorial optimisation in the form of a facilities location problem. Methods explored include the applications of different types of mixer (X, XY and a novel 3XY mixer) within QAOA as well as the effects of many settings for important meta parameters, which are often not focused on in research papers. Similarly, we explore alternative parameter settings in the context of quantum annealing. Our research confirms the broad consensus that quantum gate hardware will need to be much more capable than is available currently in terms of scale and fidelity to be able to address such problems at a commercially valuable level. Quantum annealing is closer to offering quantum advantage but will also need to achieve a significant step up in scale and connectivity to address optimisation problems where classical solutions are sub-optimal.