abstract from Prof. Dr. Kai Riemer:

Challenging the Philosophical Foundations of Modeling Organizational Reality: The Case of Process Modeling  

Abstract:

Abstract:

Today’s automotive industry is characterized by mass customization with high volumes and a large variety of different options, yielding several billions of possible models. Vehicle production takes place on mixed-model assembly lines. Costs are driven through the production sequence which is subject to workload constraints at the stations linked to the car’s different options (e.g. electric sunroof yes/no). Distribution of finished vehicles in the automotive industry is mainly done by road and rail.

Nature inspired algorithms– especially population based such as swarms and colonies – are metaphors able to deal fairly well with complex optimization problems. Moreover they tackle nicely large dimensional search spaces of highly non-monotonical nature; hence, they are normally good to search parameters in problems of high cardinality at relative low computational cost.

Biography: Julia Jacobs is a research assistant at the Chair for Information Systems and Interorganizational Systems (Prof. Dr. Stefan Klein), University of Muenster. She did her B.Sc. Business Informatics at the University of Mannheim and received her Master's degree in 'Information Systems: Business Information Technology' at the University of Manchester. The results of her Master thesis were presented at the Oxford Retail Futures Conferences.

Naturalistic Decision Making as a Challenge to Business Analytics