Optimize Key Terms

Scenario – a  business problem and optimized solution from a fully defined constrained optimization setup. 

Terminology & Problem Definition – a name to be used by LityxIQ to create a variable that will be determined in order to solve the optimization problem.

 

Attribute – a characteristic about a portion of the levels

Data Element – raw or calculated information used to provide details to the scenario that can be adjusted on the fly.

Summary Metrics & Objective Functions – solution derived variables that define what you are seeking to achieve or control for.