One more thing about...
Inventory Planning
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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.
In production planning, you can get really far with a good rule of thumb. But a lot of potential is lost that way. We explain, how to get an awesome production plan instead of a good one.
Most companies are already aware of the potential for improvement. But how can optimization potential be identified and quantified? This is where optimization comes in and helps to replace gut feeling with numbers.
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