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2. The benefits of advanced planning
Visit APS is based on advanced planning techniques. This section is devoted to defining its contribution to traditional planning.
A simple way to plan is to work out all the alternatives, compare them against a given criterion and select the best one.
But there are three main reasons why this procedure cannot be used in practice:
several criteria often imply conflicting objectives and ambivalent preferences between alternatives; for example, customer service must be as high as possible, while inventory must be minimized. In this case, no "optimal" solution, satisfying both objectives at their highest level, is possible;
the planning alternatives are numerous. It is impossible to find an optimal solution. This is why the mathematical methods...
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The benefits of advanced planning
Bibliography
Websites
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International Institute for Innovation , Industrial Engineering and Entrepreneurship
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CXP – Consulting and analysis of software solutions for companies and their businesses
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The Ultimate Scientific and Technical Reference