Quotes About Optimization

utilizing" a resource means making use of the resource in a way that moves the system toward the goal. "Activating" a resource is like pressing the ON switch of a machine; it runs whether or not there is any benefit to be derived from the work it's doing.

Since the strength of the chain is determined by the weakest link, then the first step to improve an organization must be to identify the weakest link.

The entire bottleneck concept is not geared to decrease operating expense, it's focused on increasing throughput.

Putting it precisely, activating a resource and utilizing a resource are not synonymous.

Alex, the goal is not to reduce operational expense by itself. The goal is not to improve one measurement in isolation. The goal is to reduce operational expense and reduce inventory while simultaneously increasing throughput," says Jonah.

A balanced plant is essentially what every manufacturing manager in the whole western world has struggled to achieve. It's a plant where the capacity of each and every resource is balanced exactly with demand from the market.

Search engine marketing and search engine optimization are critically important to online businesses. You can spend every penny you have on a website, but it will all be for nothing if nobody knows your site is there.

If you have a business website, make it stickier; redo the merchandising often and try new things until you hit the right homepage... then try and beat that. The most important audience drivers on the Internet are paid search and key word optimization. Concentrate on those. They are very inexpensive compared to banner advertising.

Websites are kind of useless. There's so much great web content and design out there, but the ways in which they are being experienced are not being maximized.

I would say the larger the pool you have to select from, the more likely you are to find the most compatible person for you if you have the right algorithms working on your behalf.

Performance matters because games are built on great performance, but form factor and energy efficiency matter incredibly because they want to build something that's portable and transformable.

Achieving the highest possible return on human capital must be every manager's goal.

I fought well at 155, but I don't think I ever came close to my best at 155. I think I'll get to my best at 170 pounds.

If you have six corporate centres, six treasuries, six of everything, and then if you bring it down to one of everything, obviously there are some savings.

A boss is all about good business, so start with everything that you can control and you can turn up that costs you nothing, then lay all the knobs out, look at all the controls, all the remotes, and just turn them all up. It don't cost you nothing.

Previously, we might use machine learning in a few sub-components of a system. Now we actually use machine learning to replace entire sets of systems, rather than trying to make a better machine learning model for each of the pieces.

We don't believe we've solved the multicore-programming problem. But we think we've built an environment in which a certain class of problems can take advantage of the multicore architecture.

Si aprovechamos bien tan sólo el 20 % de nuestro tiempo, no nos quedaremos cortos.

Avoid hard work. Don't push water uphill. Be very selective in what you do. Have a great life.

80 percent of products, or customers or employees, are only contributing 20 percent of profits; that there is great waste; that the most powerful resources of the company are being held back by a majority of much less effective resources; that profits could be multiplied if more of the best sort of products could be sold, employees hired, or customers attracted (or convinced to buy more from the firm).

Anything that just yielded an average degree of satisfaction for the time or effort should be discarded

The lesson to be learned from this is that it is often undesirable to go for the right thing first. It is better to get half of the right thing available so that it spreads like a virus. Once people are hooked on it, take the time to improve it to 90% of the right thing.

Progress is made by lazy men looking for easier ways to do things.

Our problem is to manipulate the game so that our strength is utilized toward an optimax solution while inducing them to waste their superior strength and to refrain from using it at maximum.