There are, generally speaking, two types of people in the mathematical optimization software field: • Optimization solver developers: The technical experts who devise and implement the algorithms that ...

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 ...

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 ...

"What's the difference between mathematical optimization and machine learning?" This is a question that — as the CEO of a mathematical optimization software company — I get asked all the time.

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: ...

Optimization seeks to find the best. It could be to design a process that minimizes capital or maximizes material conversion, to choose operating conditions that maximize throughput or minimize waste, ...

A general program that focuses on the analysis of quantities, magnitudes, forms, and their relationships, using symbolic logic and language. Includes instruction in algebra, calculus, functional ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...