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 ...

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.

Location optimisation problems encompass a broad array of decision-making challenges aimed at determining the most efficient positioning of facilities—such as distribution centres, hospitals, or ...

Research and investment in artificial intelligence (AI) have rapidly expanded over the past decade. The International Data Corporation predicts that global spending on cognitive and AI systems will ...

Learning a new skill can be difficult, especially when it’s relatively complex. It’s often hard to keep definitions, concepts, and descriptions straight when you’re trying to make inroads into an area ...

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: ...

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 ...

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 ...

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 ...

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 ...