 |
 |
 |
 |
|
|
 |
 |
| |
 

|

 |
| |
Capabilities
Performance Management | Program Evaluation
Simulation Modeling | Statistical Modeling | Survey Analysis Customer Profiling | Relocation & Economic Development
Simulation Modeling
Faced with increasing pressure to minimize your product
and process development time? Whether you need to design
a new process for your new business or reengineer for
an existing one you need an effective tool. The answer
may be the application of the workflow simulation modeling
technique.
Simulation modeling, commonly referred to as simulation,
is defined as the process of designing a model of a real
system and conducting experiments with this model for
the purpose of understanding the behavior of the system
and/or evaluating various strategies for the operation
of the system.
It is a technique that helps to visualize, analyze, and
predict the performance of a dynamic system without the
cost and risk of disrupting existing operations, or implementing
a new system.
The U.S. Department of Labor (DOL) required a reengineering
of its existing processing of the 5500 form series which
are filed by employers on their pension plans. EconSys
designed and developed the Workflow Control Model using
sophisticated simulation optimization software. The Workflow
Control Model provides estimates for optimal staffing,
hardware, and facilities needed to process the forms.
EconSys has also employed simulation optimization software
for The Hartford Life Insurance Co. to maximize the efficiency
of their call centers in serving customer calls. They
wanted to bring down the operational costs of the call
centers by maintaining an optimal staff size, while minimizing
the waiting time for their customers. The various scenarios
and staff size options were compared using the software.
|
|
 |
|
|
|
|
 |