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Dynamic Corporate Transformation
The CFO's rule stops the program after one round (seed 26205)

Ch. II.5 The CFO's rule stops the program after one round

Case Studies

Sixteen real decisions behind Volume II, told from the published record.

Every chapter of Volume II carries an In Practice case: a real organization that took a decision of the chapter's kind, told from its published record. Each case sets out the decision, the method, the result and what it took to make it work, then what Meridian, the book's case company, takes from it and four questions for a board.

The cards give a preview. The full two-page case is in the chapter, after its Worked Example and before its AXIOM Lab.

16 organizations · 15 sectors · 4 Franz Edelman Awards · 1 INFORMS Wagner Prize

1 of 16 cases

  1. Chapter 9Enterprise Optimization Under Uncertainty
    Stochastic Enterprise Optimization
    ONS · CCEE

    Brazil Prices the Water in Its Reservoirs

    The model chain sets Brazil's official spot price

    EnergyWeek 11

    Water in a reservoir can be used only once. Release it today and you save fuel; keep it and you guard against future shortfalls. Brazil runs a large hydro-dominated power system, 162 hydro plants in its 2023 models, on a chain of stochastic optimization models that put a value on stored water and set the official spot price. Their predecessor's authors reported savings of about $260 million in 1979–84, and after the 2001 rationing risk aversion was built in. What is a unit of reserve worth?

    Read the case in Chapter 9 →Lab →

Company and organization names identify the organizations whose published decisions the cases discuss. They are trademarks of their respective owners; no affiliation with or endorsement by them is implied.