DECISION OPTIMIZATION SOLUTION
Insights that drive optimal decisions to complex problems
HOW CAN SIMULATION & OPTIMIZATION SOLUTIONS ENABLE YOU?
Businesses generally struggle with decision optimization. MRD offers solutions that enables organizations to go beyond retrospective analytics to anticipate various scenarios (best, likely worst), assess alternatives, and develop plans to choose the best course of action for a given situation
- Include optimization, simulation, game theory and decision-analysis methods.
- Ideal for organizations operating in dynamic scenarios to made fact-based decisions.
- Based on Operations Research and Metaheuristics.
SCENARIO SIMULATION AND MODEL OUTPUT OPTIMIZATION
Once predictive models have been built, it is possible to simulate the impact of real-world events and steer these models to deliver help achieve desired scenarios. MRD has built solutions to help clients
- Analyse Margin-Conversion optimum & steer prices to achieve market penetration objectives
- Simulate manufacturing scheduling alternatives and optimize production planning
The right tooling, processes and governance can facilitate speedy steering of business process using simulation and model steering capabilities.