Category Archives: Decision Optimization

Decision Optimization Technologies

The AI Evolution and the Challenge of Decision Automation

Posted on August 8, 2020 by

In his latest post Prof. Warren Powell contrasts “using AI to automate decisions to Tesla’s aggressive use of robotics to automate their assembly lines. It is important to understand the most common use of AI today (machine learning) with the … Continue reading →

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Decision analytics: What is AI?

Posted on July 25, 2020 by

Prof. Warren B Powell from Princeton University: “The most common types of AI come in three flavors: rules, machine learning, and making decisions (“optimization”). Rules are used for guiding computers to identify patterns or make recommendations, and have to be … Continue reading →

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Consuming Optimization models for Operational Decisions

Posted on July 3, 2020 by

During DecisionCAMP-2020, we had several presentations devoted to incorporation of Optimization Engines in Business Decision Models: 1) Developing Decision Optimization Microservices for Real-World Decision-Making Applications by Jacob Feldman; 2)  cDMN: Combining DMN with Constraint Reasoning by a KU Leuven’s team.

Posted in Constraint Programming, Decision Modeling, Decision Optimization, Optimization, Scheduling and Resource Allocation | Leave a comment

Solving Previously Unsolved Optimization Problems

Posted on May 30, 2020 by

Mixed-integer programming (MIP) problem is arguably among the hardest classes of optimization problems. This paper describes how  21 previously unsolved MIP instances were solved using up to 80,000 cores in parallel on the Titan supercomputer. Link

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Making Decision Optimization Actionable for Business Users

Posted on May 22, 2020 by

IBM Decision Optimization Center (DOC) is a a brand-new platform, based on modern and open-source technologies. It embeds the “secret sauce” of DecisionBrain. The end goal of DOC 4.0 is to facilitate the process of making optimization actionable in the … Continue reading →

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Finding Optimal Buy/Sell Decisions

Posted on May 22, 2020 by

Erwin Kalvelagen describes how to make optimal buy/sell decisions by solving this little optimization problem: “I have a prediction of prices for the next year. I have inventory that can contain max 25 products. I can either sell or buy … Continue reading →

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Why intelligences fail?

Posted on May 15, 2020 by

Alain Chabrier, from IBM Decision Optimization Team: “These days, everyone has become an expert. Everyone knows about Covid-19, everyone has an opinion on what should have been done before, what should be done now, and what should be done later. … Continue reading →

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Gurobi Optimization Application Demos

Posted on May 7, 2020 by

Gurobi, a provider of one of the most powerful mathematical optimization solvers,  announced new Optimization Application Demos. Each demo is a proof-of-concept of an application that addresses a challenging and high-value problem.  In particular, it contains another solution for our … Continue reading →

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IBM Decision Optimization Community

Posted on May 5, 2020 by

IBM announced a new Decision Optimization Community that consolidates all old related groups. This community is dedicated to all topics related to Decision Optimization, ranging from CPLEX and CP Optimizer to OPL, DOcplex, model development in Watson Studio and deployment … Continue reading →

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AI’s Premier Award 2020 goes to Gene Freuder

Posted on April 28, 2020 by

The premier AI award, the IJCAI Research Excellence Award, this year goes to Professor Eugene C. Freuder. It is Gene Freuder who said: “We are in the business of helping computers help people make better decisions.” In 1997 in his … Continue reading →

Posted in Artificial Intelligence, Decision Optimization, DecisionCAMP, Human-Machine Interaction, Most Influential | Leave a comment