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Operational Planning
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If we talk about optimized planning, we generally distinguish between three planning horizons: operational planning, tactical planning, and strategic planning.
Let’s have a closer look at strategic planning and what it is about.
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.
Inventory management always seems to be trade-off between reliable production and low stock levels. By using mathematical optimization, you can have both at the same time.
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