Fraunhofer Institute for Industrial Mathematics ITWMThe core competence of the division of Optimization is to develop individual solutions for planning and decision problems in logistics, engineering sciences and life sciences in close cooperation with customers. The methodology is based on the coupling of:
Simulation
Building models or data based virtual structures under consideration of restrictions and free parameters. Identification of measures for quality and costs in order to evaluate and optimize the structures under discussion.
Optimization
Development and implementation of individual optimization methods to calculate best possible solutions. Of particular interest are multi-criteria problems with conflicting cost and quality indicators, integration of simulation and optimization algorithms.
Decision Support
Consulting in structuring decision support processes Development and implementation of interactive decision support tools, in particular for multi-criteria optimization problems.