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You can't manage what
you can't measure. So to manage the future you find a way to measure
it.
In OR we build models of the business so that we can measure the effects of
decisions we make. We can build models of your current business and see the
effect of changes in the way you run it and we can build models of a future
business to learn how to run it best. For example, a certain factory
layout may have reached its capacity, improvements
can be made by changing the scheduling policy, or by redesigning the
factory. We can test the new policies and designs without the cost or
risk of actually making the changes.
In the past we have:-
Assessed the impact of a major rebuilding programme in the flour milling
industry, so that future national demand could be met at a lower cost, and
with the confidence that the resulting choice of production sites was robust
and flexible.
Calculated feed programmes for cattle to provide maximum milk yield.
Provided calculations for the mix of wheat for flour milling to respond to
changes in the characteristics and costs of wheat around the world. Thus
saving £1million in four years of operation.
Optimised the cut up of steel in real time to minimise scrap.
Provided decision rules for maintain throughput in a steel mill under
varying conditions.
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