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News - Radical modeling approaches
Radical have been providing customers with the
most responsive supply chain modeling software CAST since 1989.
In 1998 they started to offer optimization within CAST to complement
their existing heuristic solution techniques, and in 2002 they made
optimization standard in CAST. The optimization is implemented using
Dash's Xpress-MP modeling and optimization components.
This paper, written by Radical, was primarily
aimed at Radical's customers, explaining the benefits behind optimization,
and how it compares to the heuristic approach with which they were
all familiar. It provides useful definitions of the heuristic and
optimization approaches in the context of supply chain network configuration
problems, and describes how the two techniques can be used to complement
each other.
This paper was featured in the November 2002 issue
of Distribution magazine http://www.dmg.co.uk/distribution/main.htm.
[click
here to download full case study in .pdf]
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