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The Definitive Guide to Modern Supply Chain Management (Collection)
book

The Definitive Guide to Modern Supply Chain Management (Collection)

by Chad W. Autry, Thomas J. Goldsby, John Bell, Mark A. Moon, Chuck Munson, Michael Watson, Sara Lewis, Peter Cacioppi, Jay Jayaraman
June 2013
Intermediate to advanced content levelIntermediate to advanced
1233 pages
30h 29m
English
Pearson
Content preview from The Definitive Guide to Modern Supply Chain Management (Collection)

8. Baselines and Optimal Baselines

Up to this point, we have compared the results of our optimization run to other optimization runs. However, the goal of most network design projects is to improve an existing supply chain. For example, when you are presenting your results, you may be asked how much money is saved with the new design or how much the service improves. To answer these questions, you need a baseline. A baseline is a model of the existing network.

Equally important, you will also be asked a deeper question: How do you know that your model is valid? The baseline model can solve that problem as well.

It turns out that there are two main baseline models you will want to consider. Each provides its own set of insights. We will call the ...

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Publisher Resources

ISBN: 9780133474626