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AnyLogic System Simulation at the Heart of Gojii 18.03.2014 Rene Reiter

Gojii, developed by DecisioTech is an advanced analytics solution powered with an AnyLogic simulation engine. The concept behind Gojii is a management strategy tool that helps firms make good inventory policy decisions in the face of uncertain demand. Traditional forecasting is subject to past decisions, product positioning and current actions, often times producing unrealistic results and lacking opportunity cost calculations. Gojii does not replace any part of the operations tool set, but rather changes the mindset from a forecasting, to an opportunity mindset. The unique tool uses a system simulation model to calculate the cost curve at every point in time and allows comprehension of the feedback relationship between supply decisions and the market response over time.
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