Tutorial: Optimization for Better Decisions
Every business day, organizations face problems making optimal decisions for resource allocation. How to load packages on a fleet of 100 tracks, and which routes they should drive to make deliveries in the least time? How to assign crews and aircraft to 1,000 airline flights? These decisions – how to allocate (usually limited) resources to different uses, when there are so many options, with so many inter-relationships – are prime candidates for optimization.
Read this tutorial illustrated with Excel models and simple plots to learn how powerful software can help:
- Model complex resource allocation
- Account for uncertainties
- Enhance and speed decision making