Lumivero - EVolver Optimization Software
Evolver, using innovative “mutations” and combinations of solutions, or “organisms,” is well-suited to finding the best overall answer by exploring the entire universe of possible answers. Plus the use of OptQuest as optimization engine with the unique set of powerful algorithms and sophisticated analysis techniques including metaheuristics optimization, evolutionary algorithms, tabu search and scatter search, to name a few. As a result, OptQuest enables users to shift from a “What if?” approach to a “What’s best?” approach. This includes complicated, nonlinear problems where the best local solution may not be the best absolute answer. After an optimization, the user can choose whether to keep the best solution, or revert the workbook the its pre-optimization state. This makes it easy to decide the best course of action. You can also generate reports directly in Excel for an optimization summary, log of all simulations, and log of progress steps.
- Seamless integration into Microsoft Excel for the highest level of computational accuracy
- Find the best global solution to complex, real-life problems
- 4x faster optimizations and calculations
- Monitor progress toward best solutions with Evolver Watcher
- Enhanced productivity with intuitive interface and ribbon
Evolver has a multitude of applications, including:
- Investment Planning & Portfolio Optimization
Optimize multiple portfolio assets (such as stocks, bonds, real estate, or projects) to maximize return while minimizing risk. Perform efficient frontier analysis to identify the best portfolio for a given level of risk.
- Supply Chain Management
Optimize multiple suppliers to minimize failure points and maximize probability of deliveries. Identify high-risk areas in the supply chain to create mitigation strategies.
- Inventory & Capacity Planning
Manage inventory more effectively, improve capacity planning, and schedule workforces and equipment use more efficiently. Reduce time to market and improve delivery rates.
- Capital Reserves
Determine optimal reserves levels subject to capital constraints and resource demands.
- Product and Pricing Mix
Identify the optimal product mix offering and price points to maximize sales subject to cost, production, or other constraints.
