Help with Optimization Projects
We can help you with your projects involving any kind of Optimization.
Optimization in general terms consists of allocating resources in the most efficient way so that to maximize (or minimize) certain objective output. Most typically, optimization is used to allocate productive resources in such a way to maximize profits, or to allocate productive resources in such a way to minimize costs.
Typically, small business only "eyeball" their resources allocation in hope of reaching a maximum profit, but reality is that no matter how experienced the decision maker can be, eye-balling allocations will seldom reach the optimal point, which means that money is being left at the table.
Conducting a proper Optimization requires good amount of expertise, as there is a whole methodology to approach correctly to an optimization project. We define the appropriate variables, build the models, use the appropriate software package, solve the problem, find the optimal solution and interpret the results.
We use all kind of software, such as Excel for the typical Linear Programming problems or the more complicated Algebraic Modelling Systems such as GAMS and LINDO.
How do you solve optimization problems?
Optimization is a mathematical technique that allows you to find maxima and minima of a function, on a specific region.
The idea of optimization is very broad, because the approach we will take will depend on the type of function and the type of region to be analyzed.
Working with an optimization expert will reduce the guesswork and provide you with the tranquility that you are going in the right direction.
What is optimization techniques?
Optimization techniques are a set of tools that you have available to attempt to maximize or minimize , depending on the situation, the target function.
When the target function is linear, with a region that is determined by the intersection of linear constraints, then a specific optimization technique called SIMPLEX is the appropriate tool to use.
Then, when you deal with non linear function, usually diverse combination of techniques based on the derivatives and gradient, which our optimization consultants can help you with.
What is optimization good for?
The idea of optimization is to find the BEST possible way to do something, out of a large universe of possibilities. The optimal solution has the property that no other solution performs better.
Optimization can be used for the most varied purposes. In business, you can find the optimal combination of factors that produce optimal output, maximizing profits.
That sounds great, but there is a catch: In order to use Optimization effectively, you need to conduct a mathematical abstraction of the functions involved in the process, which typically requires the help of an optimization expert.
Why is it beneficial for you to get Optimization Help?
Use expert optimization assistance provides you with the required expertise needed to enhance productivity, effectiveness, profitability and analytics-based decision making. This allows you to reap greater value from systems, resources, and processes.
- Increased Efficiency - Optimization improves productivity, reduces costs, and streamlines operations or processes.
- Improved Performance - Identify solutions that maximize desired outcomes, metrics and results.
- Expert Strategies - tap specialized knowledge to implement techniques like linear programming, evolutionary algorithms, etc.
- Risk Reduction - Optimization provides data-driven solutions that hedge against uncertainties.
We can do serious data crunching and get meaningful conclusions.
We provide well documented reports, with the exact depth requested by the customer.
We build models, we test, we reach conclusions, we get results.
We adopt to our customers need. We can customize and automate.
We respond quickly to questions from our customers.
We can handle complex analyses with most of the statistical software packages available
We offer customized reports.
Free initial Consultation
We will be glad to talk to you about your needs and how we can help
We specialize on efficient and affordable solutions for small and medium size business
Call us now!
Did we mention we have a free initial consultation?