Optimisation Modelling

The scope of a carefully constructed Optimisation model is to: 

• Maximise Revenue
  
• Maximise Production
  
• Minimise Cost 
  

For example, an organisation  has a range of outlets and wants to compare their efficiency in terms of staff or budget (inputs) to the sales volume (output). Optimisation modelling enables to run scenarios on actual data, simulating the outcome of business decisions in order to find the ideal input-output trade off.

In addition, optimisation modelling can pin point the ideal business decision that achieves the best possible output given the constraints.

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