Simulation can play a critical role in your manufacturing system’s performance. With the help of rapid advances in both computer software and computer hardware, not to mention the availability of
Simulation can play a critical role in your manufacturing system’s performance. With the help of rapid advances in both computer software and computer hardware, not to mention the availability of increasingly sophisticated analytical and statistical methods, optimization using simulation methods has become steadily more powerful and more accessible to managers and supervisors. When confronted with multiple and often conflicting and/or interacting expectations and demands, these “mustard-cutting” methods can fatten the bottom line. Enterprises as varied as manufacturing, warehousing, transportation, health care, services (e.g., call centers, banks, hotels, restaurants), and government have achieved these benefits of simulation analyses.
Key simulation methods to be discussed:
Confidence Interval Building
Time Series Analysis
Analysis of Variance
Design of Experiments
Optimization Search Methods
February 16th, 11 AM ET.
Our presenter for this presentation will be Edward Williams, a Senior Technical Specialist, who has over 30 years of simulation experience in a variety of industries. Stay tuned for a live Q&A session following the presentation where he will answer any of the questions you may have about Manufacturing performance!