Optimisation is the mathematical technique used to evaluate a number of viable alternatives. Faced with a proliferation of viable alternatives, it can be impossible to intuitively decide the best strategy to solve complex real-world problems.
decisionLab works with industry-leading software to apply powerful optimisation approaches and identify the best possible option to:
- Improve operational efficiency
- Increase productivity
- Gain competitive advantage
- Reduce financial risk.
We are driving advances in Water Resources management with our deployment of EBSD+ models, using multi-criteria Optimisation, multiple generation of alternatives, and info-gap approaches, to produce robust plans ensuring that water companies are meeting demand for years to come.
Additionally, we have experience optimising across Outcome Delivery Incentives, which involves the achievement of different customer-focused objectives within the water industry. We also have our asset risk model, which can be used to find the best plan with a fixed budget, or the cost to maintain risk at a certain level, taking into account the ageing and deterioration of assets, criticality and future health.
We love sharing ideas, get in touch with your optimisation challenge.