Category Archives: Decision Optimization

Decision Optimization Technologies

Challenge May-2023 “Next Best Action”

Posted on April 22, 2023 by decisionmanagementcommunity

“Next best action” is a popular decision-making strategy. But how to define the “best” next action? This challenge may demonstrate it. Consider an NxN grid of lightbulbs. We are given an initial state where some of the bulbs are off and some are on. Then, … Continue reading →

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Christopher Columbus, global warming and mathematical optimization

Posted on August 30, 2022 by decisionmanagementcommunity

In this highly popular article IBM’s Alex Fleischer wrote: “One of the levers is the mathematical optimization of business decision making, made possible by data and the deployment of decision models associated with constraint programming. Or, put more simply: an algorithm … Continue reading →

Posted in Constraint Programming, Decision Making, Decision Optimization | Leave a comment

AI is not equal to ML

Posted on January 11, 2021 by decisionmanagementcommunity

Alain Chabrier from IBM Decision Optimization team in his Medium.com article argues that not only “AI != ML” pointing to the difference between Data-driven and Knowledge-driven decision models. He even claims that “Decision Optimization has more impact on the real … Continue reading →

Posted in Artificial Intelligence, Business Analytics, Decision Optimization, Machine Learning | Leave a comment

Pragmatic Approach to Predictive Decision Automation

Posted on December 10, 2020 by jacobfeldman

In this webinar Red Hat specialists explain how explainable Predictive Decisioning can help us trust AI. Their  approach combines AI/ML, decision optimization, and traditional business rules to better understand the factors that contribute to an automated decision. They use the … Continue reading →

Posted in Artificial Intelligence, Decision Making, Decision Modeling, Decision Monitoring, Decision Optimization, Machine Learning | Leave a comment

Solving Assembly Line Balancing Problem

Posted on December 3, 2020 by jacobfeldman

Philippe Laborie from IBM CPLEX team shared several models for representation and solving an optimization problem in assembly line balancing research. His solutions are shown in Python CP Optimizer and OPL: they are not only very compact but highly efficient. … Continue reading →

Posted in Constraint Programming, Decision Optimization | Leave a comment

Covid-19 and Decision Optimization

Posted on November 22, 2020 by decisionmanagementcommunity

Alex Fleischer from IBM ILOG team wrote: “First, decision optimization can help reduce inbalance and help us live with Covid-19. Second, Optimization can help us look for a vaccine or a medicine. Third, Optimization will once we have some vaccine … Continue reading →

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Time to deliver a decision optimization model to the business user

Posted on November 11, 2020 by decisionmanagementcommunity

Alain Chabrier and Alex Fleischer from IBM Decision Optimization team published the article “Decision Optimization: Speed is not enough” “Many tend to think that performance is the holy grail, and the choice of an optimization engine is mostly based on … Continue reading →

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The AI Evolution and the Challenge of Decision Automation

Posted on August 8, 2020 by decisionmanagementcommunity

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 →

Posted in Artificial Intelligence, Decision Optimization, Machine Learning | Leave a comment

Decision analytics: What is AI?

Posted on July 25, 2020 by decisionmanagementcommunity

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 decisionmanagementcommunity

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