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Increase your margin by 25%

10.01.2010  |  Korchinski, W.,  Advanced Industrial Modeling Inc. , Santa Barbara, CaliforniaBeerbaum, A. ,  Chevron, San Ramon, CaliforniaGeddes, D. ,  PREP Consulting Inc., Denver, Colorado

Here’s how to make sure that the planning LPs always match the plant

Keywords: [computers] [instrumentation]

In today’s over-constrained work environment, planning model accuracy does not get the attention it deserves. In this article, we discuss order-of-magnitude LP (planning linear program) errors, what effect they have on margins and how to improve your LPs.

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