How would post Optimality Analysis help you make better decisions?

  • Being from an IT background, the first thing that flashed me while reading about post-optimality analysis/
    sensitivity analysis was the Disaster Recovery activities the management trains its resources to be equipped with.
    (Equip a pre-existing team handle uncertainties).
    The optimal solution found for various scenarios is always the best for the that scenario. But in life nothing
    is constant and predictable. So doing a post optimality analysis enables to better equip the solution thus suggested.
    It not only iterates the boundary limit within which our solution works best in but also encompasses the maximum amount 
    fluctuation our solution can handle.

    Comments

    Popular posts from this blog

    How does demand forecasting influence the management of inventory along companies' supply chain ?

    In the context of decision making within an enterprise, Data Analysis and Data Analytics are one and the same.