Simulation and optimization are two terms that are often used almost synonymously. Yet they are two fundamentally different techniques. Our new episode “One more thing about…” explains the difference.

“Let’s use the cloud to solve it faster…” Sounds easy, but does it really meet the expectations when it comes to solving optimization problems? It actually can, but there are some aspects to think about before and we show which ones they are.

Tactical planning serves the goal of continuous improvement. To achieve this mathematical optimization does not only provide the best set of decisions, but also an evaluation of how much a decision is worth. In this episode we explain, how it works.