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Visualizzazione dei post da settembre, 2018

Creating value with optimization: beyond the obvious

Creating value with optimization: beyond the obvious Have you ever thought of in how many way optimization brings value to an organization? My long experience suggested to me at least three different answers. One is the more obvious besides two other uncommon. The life-cycle of an optimization project includes this three main steps: writing an optimization model executing an optimization model enjoying the results of an optimization model Each of these steps brings more value, in term of knowledge, efficiency and cash. You write the optimization model Rubén Artime Torres Besides the obvious answer about the improvement in the efficiency, I think optimization helps to create value in an organization because it helps to get a better knowledge of “how things work”, that is, it improves the self-knowledge of the organization. I have been working in optimization projects in the transport industry for more than 20 years and always the knowledge the company has about its in