In connection with the 50th anniversary of Apollo 11 and the first humans on the moon, the Wall Street Journal ran an Inside View article by Andy Kessler, Better Living Through Simulations. What a combination, the moon landings and simulation!
The moon landings were straight-up awesome and, perhaps like many of you, we enjoyed much of the Apollo 11 anniversary coverage. So, when we found a WSJ article featuring simulation in...
How much will profit increase without this bottleneck? Or how about – If we invest in debottlenecking the whole production line, can we meet our targets? Simple questions and a common approach, but the answers may not be what you expect if you were to ask Dr. Alan Barnard, CEO Goldratt Research Labs.
Read on and find out why...
Digital twin technology is developing rapidly, and over the next five years it will have a significant impact on industry, especially in helping drive cost savings. Reflecting this, Gartner has placed Digital Twins on its Top 10 Strategic Technology Trends 2019.
This blog introduces An Introduction to Digital Twin Development, a white paper about the benefits of digital twins and how to realize them successfully. Read on and get the free download.
Walmart, the world’s largest seller of groceries, recently began piloting first-of-a-kind automation for its popular online grocery pickup service.
Our partners at MOSIMTEC used AnyLogic to develop the simulation model behind the system’s development. Read on for more about the material handling system, videos of the robots in action, and MOSIMTEC's case study.
How McDonald's managed change with the help of HAVI and simulation modeling. A case study with presentation video.
As the largest restaurant chain by revenue and second by number of outlets, McDonald's is a market leader. To maintain its market success, the company pays close attention to customer preferences and regularly updates its menu. Small changes can have many knock-on effects, here we investigate their management.
Digital twins are part of Industry 4.0. How are they being used on automobile production lines? Here we investigate how a digital twin is made and used in the automotive industry.
One of the world’s largest capital goods companies, CNHi, wanted to evaluate Industry 4.0 technologies. It chose its IVECO production plant in Suzzara, Italy. Fair Dynamics were contracted and proposed a digital twin. Read on and discover how maintenance costs can be reduced with a digital twin — Production line downtime was shown in a study of over 100 automotive executives to cost an average of $22,000 per minute.
YPF is the largest oil producer in Argentina. It has 43% of the oil and gas production market and 58% of the gasoline market in the country. They hired consultants from Continente Siete to develop a decision support system (DSS) for determining work schedules.
The new maintenance planning system helped YPF save $18 million annually at the pilot implementation site. Forecasts suggest, the integration of the DSS with the work processes of other sites should save the company another $234 million per year.
Traffic control strategies at intersections have evolved through applying advanced control technologies during recent decades, especially for signalized intersections around urban areas. Now, with emerging connected vehicle technology there is a renewed potential to improve the overall efficiency and safety conditions at intersections. A group from the Department of Civil and Environmental Engineering at The University of Tennessee, Knoxville conducted a study of the relationship between average system delay and average queue length for traffic approaching signalized intersections. The team utilized data from the City of Detroit collected in a field test during the 2014 Intelligent Transportation Systems World Congress.
The United Services Automobile Association (USAA) is a Fortune 500 Company offering diversified financial services and insurance to people and families that serve or have served in the United States Military. With nearly 12 million members and various services, it is imperative that USAA’s business initiatives with strategic objectives of the enterprise are aligned. To accomplish this alignment, USAA combines advanced analytics, simulation methods, and enterprise architecture concepts to create dynamic and systemic models of the enterprise. A major catalyst in these efforts is Dr. Bipin Chadha, Data Scientist at USAA who has developed several decision support models for strategic planning, capability roadmaps, operational risk analysis, capacity planning and scheduling, and portfolio optimization.
