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Prescriptive Production: A Case Study

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Solving the Dynamic Complexity Dilemma

Abstract

This chapter provides insights into the strategic production practices implemented by a leading German bank to meet the evolving production performance requirements of today’s complex and competitive business climate. It explains how the innovations explained in this book can be used across industries to identify and quantify the dynamic factors that increasingly threaten production goals. Additionally, it presents the benefits of taking a proactive approach to production management—using advancements in analytics, automation, and machine learning sciences—to control production environments, which have become too dynamically complex for businesses to instinctively manage.

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Correspondence to Nabil Abu el Ata .

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© 2014 Springer-Verlag Berlin Heidelberg

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Abu el Ata, N., Perks, M.J. (2014). Prescriptive Production: A Case Study. In: Solving the Dynamic Complexity Dilemma. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-54310-4_22

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  • DOI: https://doi.org/10.1007/978-3-642-54310-4_22

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-54309-8

  • Online ISBN: 978-3-642-54310-4

  • eBook Packages: Computer ScienceComputer Science (R0)

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