Optimal
Assignment & Selection

Optimal’s optimization-based assignment and selection solutions provide decision optimization for specialty problems!

Achieving savings through all phases of the Assignment & Selection process

Optimal’s Assignment & Selection Solutions provide decision optimization for specialty problems. This evolving category of Optimal applications addresses many decision points, in business and government enabling savings, typically 5-10%, often much more. In consumer applications the objective is often increased fulfillment.

Features

Optimal provides optimization decision support guidance to meet your inventory and/or manufacturing requirements considering and complying with critical elements:

Individual Models Include the Following:

Hosting

Optimal Solutions are cloud based thus facilitating rapid deployment and support, eliminating most IT support costs, and enabling regular, non-disruptive updates.

The Optimal interface includes powerful data import/export features to accelerate database construction. The Optimal API provides automated data exchange and optimization for tight connectivity with ERP systems.

We Solve Real Problems

Applications

Optimal Portfolio

Optimal Portfolio enables users to select the maximum profit set of choices from many options based on user-definable criteria.

With securities, Optimal Portfolio selects the highest profit set of securities that maximizes return considering user-defined investment criteria, such as acceptable risk, minimum and maximum levels of investment in various categories, and other criteria. Optimal Portfolio also identifies when to buy and sell stocks through a series of forthcoming periods based on forecast valuations.

Optimal Project Selection

Optimal Project Selection enables users to select the most profitable set of projects from multiple options based on project value and resource constraints.

Optimal Project Selection determines the selection of capital investment projects with various returns considering utilization of capital, human, and equipment resources to achieve the maximum financial return for the enterprise.

Optimal Stock Cutting

Optimal Stock Cutting select the highest yield cutting pattern.

OPTIMAL STOCK CUTTING applications enable users to determine how to deploy resources to meet specified requirements at the lowest cost.

An implementation of Optimal Stock Cutting is selection of the minimum cost set of cutting templates for steel bars to yield various lengths of finished steel product bar requirements considering trim loss.

Optimal Coverage

Optimal Coverage optimizes the allocation of resources to achieve the highest area coverage of service.

An implementation of Optimal Coverage is locating cell phone tower locations that achieve the coverage requirements at the lowest cost. Another application is real estate parcel division.

Optimal Packing

Optimal Packing determines the minimum cost packing of vehicles or containers to achieve shipping goals considering rules and constraints. An implementation of the OPTIMAL PACKING application is the allocation of delivery items to one or more various sized trucks to minimize the number of trips required for the deliveries.

Optimal Packing can be applied in many industries where container or vehicle load decisions are made.

Optimal Packing is also used to allocate merchandising space for goods sold in retail stores based on the highest sales and/or gross margins.

Optimal Pickup/Delivery

Optimal Pickup/Delivery enables users to select the minimum cost, time, or distance routes for small fleets considering pickup and delivery windows, vehicle capacities and other constraints, driver constraints, etc.

Optimal Settlement

Optimal Settlement enables users to optimize the distribution of assets between parties that recognizes the parties relative valuations of the assets and other criteria.

Optimal Settlement is a blind negotiating application, that is, in a two-party negotiation the “bids” of one party are not visible to the other party. Each party submits a minimum value the for necessary to “settle”; if the parties are not within a feasible region, then Optimal Settlement terminates. If the parties are in a feasible region, then each party submits a value placed on each asset in the division. Optimal Settlement determines the distribution of the assets that maximizes the value received to both parties.

Optimal Meal Planning, Optimal Grocery Shopping

Optimal Meal Planning enables users to determine meal plans for one or more persons in each meal for up to a week in advance based on the dishes to be served, nutrition and diet rules, and personal dish preferences.

Optimal Grocery Shopping enables users to select the optimized grocery shopping list of items or dishes considering the meal plan or discretely the budget, nutrition and diet rules, discounts, and preferences established by the user.

Optimal Seats

Optimal Seats enables users to select the highest fulfillment seat assignment for individuals at multiple tables considering many criteria and preferences.

Optimal Seats can be used for event seating assignments and considering categories of persons and table preferences as well as individual likes and dislikes for other attendees.

Optimal Seats can be used for routine meetings where desired is to move persons from time to time to other tables in order that, for example, in an organization with weekly meetings that in one year’s time with ten tables of ten each, each member will sit at all tables at least once during the year while primarily sitting at the individual’s preferred table.

industries

DESKTOP & TABLET Configuration

CONFIGURATIONS

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1 Seat Per Site Per Year

3 Seat Per Site Per Year

5 Seat Per Site Per Year

8 Seat Per Site Per Year

10 Seat Per Site Per Year

Model Sites:

Single Site

Single Site

Single Site

Single Site +
Support Sites

Multiple Sites +
Support Sites

Model Time Periods:

Model Time Periods:

Single Period

Single Period

Single Period

Multiple Periods

Multiple Periods

Models & Associated
Tables:

Models &
Associated
Tables:

Yield Optimization

Yield Optimization

Yield Optimization

Yield Optimization

Yield Optimization

Yield Optimization

Matrix Size:

10x10

100x100

Large

Large

Large

API Included:

-

-

-

Monthly Max Solves:

100

Unlimited

Unlimited

Unlimited

Unlimited

Hosting

Support:

Simple + Email

Simple + Email

Basic + Chat

Standard + Phone

Corporate + Webinars

MOBILE Configuration

CONFIGURATIONS

1 Seat Per Site Per Year

Model Sites:Single Site
Model Time Periods:Single Period
Models & Associated Tables:

Yield Optimization

Matrix Size:

10×10

API Included:

Monthly Max Solves:

100

Hosting:

Support

Simple + Email

3 Seats Per Site Per Year

Model Sites:Single Site
Model Time Periods:Single Period
Models & Associated Tables:

Yield Optimization

Matrix Size:

100×100

API Included:

Monthly Max Solves:

Unlimited

Hosting:

Support

Simple + Email

5 Seats Per Site Per Year

Model Sites:Single Site
Model Time Periods:Single Period
Models & Associated Tables:

Yield Optimization

Matrix Size:

Large

API Included:

Monthly Max Solves:

Unlimited

Hosting:

Support

Basic + Chat

8 Seats Per Site Per Year

Model Sites:Single Site +
* Support Sites
Model Time Periods:Multiple Periods
Models & Associated Tables:

Yield Optimization

Matrix Size:

Large

API Included:

Monthly Max Solves:

Unlimited

Hosting:
Support

Standard + Phone

10 Seats Per Site Per Year

Model Sites:Multiple Sites +
* Support Sites
Model Time Periods:Multiple Periods
Models & Associated Tables:

Yield Optimization

Matrix Size:

Large

API Included:

Monthly Max Solves:

Unlimited

Hosting:

Support

Corporate + Webinars

Contact Optimal Answers

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