Operations Solutions

For Operations Management, these are our major solution categories:

Operations Optimization

If you need to maximize the efficiency of a process to save time or money, maximize profit, etc., we employ powerful optimization tools to achieve the desired outcome. For more detailed information, please visit the Operations Analytics page.

Risk Analysis via Advanced Statistical Analysis and Simulation Modeling

Unlike optimization problems, where the inputs are known, risk simulation solves problems where the exact parameters are unknown and may fluctuate randomly within a range of uncertainty. For more detailed information, please visit the Operations Analytics page.

Decision Analysis

SmartDrill can guide decisions under conditions of varying degrees of uncertainty. We can also perform sensitivity analysis on these models to determine how sensitive a recommended decision is to changes in values represented in the model. Armed with these solutions, managers can be much more confident in their decisions. For more detailed information, please visit the Operations Analytics page.

Project Planning and Management

If you need help with project schedule development, we have the expertise to help. From basic Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT) analysis for simpler projects, to more sophisticated simulation modeling techniques for more complex projects, we can assist with plan development. For more detailed information, please visit the Operations Analytics page.