Simulation Blog
The ‘What If‘ Phase
03 August 10
Its decisions like this which can save many millions in capital expenditures, one of the main financial benefits for investing in simulation.
I have just finished working on a large food and beverage project, which focused on the design and planning of a model to address issues of high flow rates, accumulation and packaging. The customer said that the ‘what if’ experimentation was the critical phase, and I understand why; because this phase directly impacts real business decisions which effect the bottom line. This led to uncovering the fact that adding a few more people on a shift in one area of the line would be more effective than purchasing a new piece of equipment - Its decisions like this which can save many millions in capital expenditures, one of the main financial benefits for investing in simulation.
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By Mandy Tague, Lanner US | Contact | Follow on Twitter
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Category | Simulation Comments | Comments (0)
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