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.

“What would actually happen if…?” – We have certainly all asked ourselves this question not only once. For planning problems it has a very special relevance and with What-If Scenarios we find the answer.

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.