RAW2020: Uncertainty based capacity optimization

https://2020.riskawarenessweek.com/talks/uncertainty-based-capacity-optimization/

Most companies apply capacity planning to define when to invest in what equipment in order to be able to meet demand. For most companies, this is done using a sales plan/forecast which is then regarded as equalling the future demand based upon which a capacity profile is calculated. Uncertainty is catered for by applying experience/perception based maximum utilization level on various pieces of equipment. Analysing past forecasts and actual performance will show such forecasts are by no means precise – for many – even less so that what management believes/perceives.

This session shows a practical approach of how to analyse data, and how to build an effective Monte Carlo simulation based capacity planning model which defines equipment investment needs given a desired/targeted delivery service level. The approach can also show what delivery service level can be expected given decided investments – and hence allow for capacity optimization. Practical experience has shown this will lead to higher investments for some equipment groups as well as less investments in other groups.

The session will be based on a capacity planning model, which will be made available for attendees.

https://2020.riskawarenessweek.com/talks/uncertainty-based-capacity-optimization/

RISK-ACADEMY offers online courses

sample85
+ Buy now

Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!

19,999,99
sample85
+ Buy now

ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.

199,999,99
sample85
+ Buy now

Управление рисками

В этом коротком и очень увлекательном курсе, Алексей Сидоренко расскажет о причинах внедрения риск менеджмента, об особенностях принятия управленческих решений в ситуации неопределенности и изменениях в новом стандарте ИСО 31000:2018.

19,999,99

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.