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.
- Portfolio – select the maximum profit set of choices from many options based on user-definable criteria.
- Project Selection – select the most profitable set of projects from multiple options based on project value and resource constraints.
- Stock Cutting – select the highest yield cutting pattern.
- Coverage – select the allocation of resources to achieve the highest area coverage of service.
- Packing – select the minimum cost packing of vehicles or containers to achieve shipping goals considering rules and constraints.
- Pickup/Delivery – select the minimum cost, time, or distance routes for small fleets considering pickup and delivery windows, vehicle capacities and other constraints, driver constraints, etc.
- Settlement – select the optimized distribution of assets between parties that recognizes the parties relative valuations of the assets and other criteria.
- Grocery Shopping – select the optimized grocery shopping list of items or dishes considering budget, nutrition and diet rules, discounts, and preferences.
- Seats – select the highest fulfillment seat assignment for individuals at multiple tables considering many criteria and preferences.
Features
Optimal provides optimization decision support guidance to meet your inventory and/or manufacturing requirements considering and complying with critical elements:
- Time periods
- Multiple vendors and costs
- Purchased items specifications
- Inventory levels
- Items (Ingredients)
- Lots (unique occurrences of items and attributes)
- Formulas Specifications (Items and Constraints)
- Resource costs (labor, packaging, overhead, etc.)
- Orders with multiple demands and prices per Item sold
- Suppliers (optional)
- Locations (optional)
- Much more...
Individual Models Include the Following:
- Yield Optimization – Optimizes in a single computation the integrated sales, procurement and production problem for maximum profit product mix and pricing considering many user-definable variables and constraints.
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
to
- Request a Trial
- Request a Savings Analysis
- For application information by industry and problem type
