Over the course of my 25-year career in the mathematical optimization software industry, I’ve lost count of how many times I’ve been asked this question: “Can you tell me what mathematical ...

Enthusiasm for the potential impact of AI on hospital operations is often based on its impact in other industries. However, non-health care companies invest in AI after having digitized and optimized ...

Logistical chaos is not a new phenomenon in the supply-chain world, but the scale of upheaval caused by COVID-19 is something that stakeholders have never seen before: 94% of Fortune 1000 companies ...

BEAVERTON, Ore.--(BUSINESS WIRE)--Gurobi Optimization, LLC, the leader in decision intelligence technology, is pleased to announce the release of its "State of Mathematical Optimization 2023" report.

You make decisions every day. Some are big, and some are small. But even the small decisions involve a great deal of complexity. Let me show you what I mean. Take something you probably do regularly: ...

The rapid expansion of e-commerce has significantly increased the demand for sustainable delivery methods to mitigate urban congestion, emissions, and rising logistical costs. Addressing the ...

You may have heard the news that two American economists – Paul Milgrom and Robert Wilson – recently won the 2020 Nobel Prize in Economic Sciences "for improvements to auction theory and inventions of ...

Supply chains consist of imperfect humans struggling to make perfect decisions. In the end, though, it all comes down to a game of numbers. That, at least, is the theory behind mathematical ...

The facility location problem is extended by a new two-stage zero-one programming system (2S-ZOPS). It is a type of design optimization issue that exists in logistics implementations such as supply ...

Students will learn about the most common numerical optimization algorithms for solving smooth unconstrained and constrained optimization problems. They will understand the theoretical foundation and ...