Analysis Services

Comprehensive Analysis for Informed Decision-Making

At Paragon Technical Solutions, we offer a range of analysis services designed to provide you with valuable insights and support your decision-making processes. Our expertise in various analytical techniques ensures that you can optimize your operations and achieve your business objectives.

Our Analysis Services Include:

  • Statistical Analysis: Understand how changes in input affect your outcomes. Used for understanding cost or duration and how much they might vary.

  • Monte Carlo Simulation: Use a simulation model to study process performance. Models like these can help evaluate what-if scenarios, like allocating new machines or workers.

  • Optimization: Develop models that provide the optimal parameters, vital for running an efficient operation.

What is an optimization problem?

Optimization problems are complex problems where decisions must be made to optimize some output. Examples include:

  • Determining a job sequence to reduce changeovers
  • Packing boxes to reduce the number of boxes
  • Assigning skilled workers to jobs based on skill requirements
  • Determining an ingredient mix to maximize output

These problems appear often in manufacturing, and are very difficult to solve by hand. We aim to solve these problems through software, giving your business the optimal solutions in real-time.