Analytical intelligence, better decisionsTM

Optimisation

Optimisation involves narrowing your choices to the very best when there are virtually innumerable feasible options and comparing them. Often day-to-day operations require the establishment of the best course of action, such as:

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  • The combination of events that yield the maximum net present value, or
  • The sequence of processing that reduces the total elapsed time, or
  • How to best schedule maintenance crews to ensure all jobs are completed.

These decisions need to be made on a regular basis and updated when unforeseen events occur, such as with breakdowns, no-shows, and late or early completions. At OPTSIM, we design Optimisation-Based Decision Support Applications that can be used time and time again, using our own integer programming solver or XPRESS (one of the most powerful Excel add-in integer programming solvers). Optimisation and the technique of linear programming is closely associated with the field of Operations Research.

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CONTACT US

For any direct queries, please email OPTSIM at info@optsim.com.au or phone +61 (0)3 9013-8399.