One more thing about...
Model Abstraction
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Operational planning is time-critical by definition but should result in optimal (or at least very good) plans as well. In our new video we show that mathematical #optimization is an extremely useful tool to support you in making this happen.
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.
We like to treat solvers as magical black boxes, but it’s worth understanding their basic principle. In this episode, find out more about how solvers can be used to find our optimum incredibly fast.
