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Simulation vs. Optimization
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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.
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.
It seems virtually impossible to find a model for our decision-making which takes all details into account. In this episode we demonstrate how data abstraction can help to model a problem, thus making it the core of successful optimization.
