Optimization Decision Types

Optimization is unique among information technologies in that it provides explicit recommendations for business decisions.

At Princeton Consultants, we organize business decisions into six types, varying optimization algorithms and techniques.

We optimize real-world business opportunities that often require a combination of simultaneous decisions.

In the case studies, you'll note the multiple decision types, asset classes, and optimization challenges.

Optimization has great potential, which is actualized only if the optimizers can accurately model the complete problem domain.

Assignment

Who gets what?                  

Production/Acquisition

How much to make/get/have?

Scheduling

When? In what order?

Network Routing

Where? Which path?

Pricing

At what price?

Policy Creation

What should the rules be?