Today’s competition in many manufacturing industries is leading companies to expand their product portfolio, which combined with the advanced technology present in modern production sites, raises the need for efficient production planning. Often times, purchasing new production machinery is not an option because of the increase in fixed costs. Hence, efforts are being directed towards technology and efficiency improvement.
Proceeding with the challenges proposed in Decision Management Community to all who use Decision Management technologies, we are going to use Progress Corticon Studio in the search for a solution of Challenge Oct-2014. Due to the fact that Decision Management Community is an English speaking community, the proposed solution uses English as parent language, but should...
Stochastic Optimization seeks the best decision in a scenario involving random events, those that depend on chance, whether those events are product prices, task durations, the number of people queueing at an ATM, the number of breakdowns in a fleet of trucks, or even the adoption of regulations.
In the first part of this article “Introduction to Complex Event Processing I” we saw some of the most important principles of CEP. This section will provide a detailed analysis of the core concepts upon which complex event processing is based.
When it comes to trying to apply an agile methodology to our projects, we usually ask ourselves whether it is the right decision, whether it is the right project to use this method. In this article, we shall try to offer some keys to identify whether a project is capable of taking advantage of everything this type of methodology has to offer.