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.

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.

A good set of data is the core of every optimization project. But why is so crucial, to use real data already when still implementing the software? Let us share some insights we gained on data during our optimization projects.