Questions tagged [strategic-planning]

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6
votes
1answer
67 views

Calculating realization ratio of a value related to a target where lower values are more interesting

I want to calculate realization ratio of a value related to a target when lower values are considered better, in one special case the goal is zero. To make my problem more clear, there is a complete ...
32
votes
6answers
2k views

How to determine the correct level of detail when modelling?

"All models are wrong, but some are useful" - George E. P. Box I usually work on what one could call operational problems. There I usually do not have too much trouble figuring out the level of ...
14
votes
3answers
134 views

Strategic planning based on average values

If you have strategic planning problems like hub location problems, the input data often consists of average values for shipping volumes etc. When planning capacities, it is risky to ignore the ...