Why Optimisation matters ...especially in Aquaculture!
What would it mean for your aquaculture business if you found a way to increase utilisation of your existing farm assets by 5%? 10%? 25%? Such increases are possible using the results of the modern field of Optimisation.
How is this possible and what is optimisation?
Optimisation as a word is defined by the Oxford Dictionary of English as “the action of making the best or most effective use of a situation or resource.” The trick is finding the set of actions or decisions which give you the best result.
Given the myriad of possible choices involved in formulating an aquaculture plan:
- from when and how much to harvest,
- to when and how many and what size of fish to stock,
- to how to maximise yield through processing plants,
- to how to ensure availability and maximise market opportunities,
it's no wonder that finding this best set of decisions is a complex task, defying ordinary human timescales and capacities!
Fortunately, a branch of mathematics and economics has evolved over the last 75 years which aims to find ways to calculate the best possible set of decisions to maximise an objective. And software vendors have been turning these ideas into proven tools so that you can quickly use the power of this mathematics (without having to learn the maths).
The use of optimisation is now widespread in industries from transportation to manufacture. The time for Optimisation in Aquaculture is now!
Dr David Wright has been bringing optimisation to the aquaculture industry for more than a decade.