ANALYSIS

Need to convert your data into useful information to drive decision-making? It doesn’t matter how much data you have if you haven’t translated the data into the important information you need. For example, consider:

  • A power producer that has extensive equipment maintenance records and needs to know the optimal timing of preventive maintenance (Click here to read more about this application – Download PDF.)
  • A manufacturer that has historical demand and yield data and needs to know the optimal mix of products to maximize profits
  • A construction company that keeps track of heavy equipment failures and needs to know the optimal time to replace equipment
  • A service business that has historical demand data and needs to know the optimal staffing levels

Black Belt on Demand helps businesses like these glean the information they need from their data and make better business decisions as a result.

SIMULATION

Dealing with risk and uncertainty in your decisions? Many business decisions must be made in the face of uncertainty. If you need to know:

  • The probability of completing a project on-time and under budget (Click here to read more about this application – Download PDF)
  • The likelihood of an outcome that you are calculating in a spreadsheet
  • The range of potential outcomes for something that you are predicting
  • The optimal decision when the factors involved vary or are unknown

Black Belt on Demand can help you with the application of Monte Carlo simulation to answer these questions and more.

Call today to see how Black Belt on Demand can help you use your data to make the best business decisions possible.