Compare and contrast optimization techniques to simulation techniques.
Compare and contrast strategic and tactical transportation decisions.
Expert Answer
Compare and contrast optimization techniques to simulation techniques:
Optimization Techniques
Simulation Techniques
The problem is low in optimization techniques in the supply chain
The problem is high in simulation techniques in the supply chain
Handles on only one variable, so the analysis would be normal.
Handles on larger variable, so the analysis is strong.
The linear techniques is used for decision making in optimization.
Mathematics and probability techniques is used for decision making in simulation.
Optimization techniques used to schedule manufacturing operations
Changes are made in the operation process through
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