For Operations Management, these are our major solution categories:

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 Research & Analytics page.
 

Life Data Analysis

We offer advanced modeling methods for predicting and estimating many types of time-to-event phenomena, such as component reliability/failure analysis, extreme value analysis, etc. For more information, please visit our Operations Research & 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 Research & 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 Research & Analytics page.

Project Planning and Management

If you need help with project planning and management, including complex schedule development, we have the expertise to help. We can go beyond basic CPM/PERT analysis to take advantage of more recent advances, such as Critical Chain Project Management (CCPM) and sophisticated simulation modeling techniques for more complex projects or those involving a significant degree of uncertainty. For more detailed information, please visit the Operations Research & Analytics page.