Using OptQuest to Optimize Quality and Cost

If you have Oracle Crystal Ball Decision Optimizer, Fusion Edition with OptQuest, an optimization tool, you can use it to maximize quality and minimize cost. To do this, you must consider the relationship between design parameters and cost. And, you must consider the relationship between motor and backflow valve options and cost.

The Total Cost Forecast is defined as the sum of the four component costs, examined in Flow Rate Variable Assumptions. The formulas used to calculate these values are based on the mean and standard deviation of the piston radius, the mean and standard deviation of the piston stroke length, nine different motor options, and nine different backflow value options.

To apply OptQuest to this model, follow the steps in these sections: