Beyond prediction for new parameter values, the key question in applications typically aims at finding an optimal process state of product design. Often, this involves multiple, conflicting objectives (e.g., cost and quality). ClearVu Analytics provides you with an efficient tool for handling these tasks, based on using models for calculating objectives, which can then be used for optimization.
To achieve this, ClearVu Analytics offers a module for multiple objective optimization. Objectives may be minimization or maximization tasks as well as attaining a target value. In addition, constraints may be used as objectives, turning the goal into satisfying an inequality, e.g., keeping cost below a given upper limit.
By means of this approach, you can define multiple, even conflicting, objectives for an optimization. In case of conflicting objectives, the result is a set of solutions arranged on so-called Pareto frontier, rather than a single solution. Again, running an optimization does not require any expert knowledge on optimization algorithms, due to the self-adaptive capabilities of our approach.
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Within our research project MONREP (in cooperation with Prof. Konen, TH Cologne),...
Case studies give you an inspiration for possible optimization solutions in your own company.
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