Common · Knowledge
Process optimization
Adjusting a process
Process optimization is the discipline of adjusting a process so as to make the best or most effective use of some specified set of parameters without violating some constraint. Common goals are minimizing cost and maximizing throughput and/or efficiency.
From Wikipedia
Process optimization is the discipline of adjusting a process so as to make the best or most effective use of some specified set of parameters without violating some constraint. Common goals are minimizing cost and maximizing throughput and/or efficiency. Process optimization is one of the major quantitative tools in industrial decision making. When optimizing a process, the goal is to maximize one or more of the process specifications, while keeping all others within their constraints. This can be done by using a process mining tool, discovering the critical activities and bottlenecks, and acting only on them.
Text: Wikipédia, CC BY-SA 4.0. ·
Related cards
-
★
Constraint programming
Programming paradigm wherein relations between variables are stated in the form of constraints
-
F★★★
Five whys
Iterative interrogative technique
-
a★
abstraction
The formation of general ideas or concepts by extracting similarities from particular instances
-
H★★
Heuristic (computer science)
Type of algorithm that may sometimes fail or produce an approximate, incorrect, or suboptimal result
-
★★
Race condition
Situation in computer system that occurs when multiple processes try to access a common resource
-
★★★★
Business Process Model and Notation
Graphical representation for specifying business processes
-
★★
Analytic hierarchy process
Structured technique for organizing and analyzing complex decisions, based on mathematics and psychology
-
C★
Cutting stock problem
Mathematical problem in operations research
-
★
materials engineering
Field of study
-
I★
IOPS
Input/output performance measurement used to characterize computer storage devices
-
K★
Knowledge engineering
Technical, scientific and social aspects involved in building, maintaining and using knowledge-based system
-
★★
Product management
Organizational function within a company dealing with new product development, business justification, planning, verification, forecasting, pricing, product launch, and marketing of a product or products at all stages of the product lifecycle
-
★
Hill climbing
Optimization algorithm
-
★★★
Engineering informatics
Discipline combining information technology (IT) – or informatics – with engineering concepts
-
★★★
Steelmaking
Process for producing steel from iron ore and scrap
-
Z★
Zero-copy
Computer operations that do not copy memory
-
★★★
Numerical analysis
Study of algorithms that use numerical approximation for the problems of mathematical analysis
-
★★★★
Industry (manufacturing)
Economic sector characterized by large scale automated manufacturing as in industrialization