Very few leaders in the business world discuss the need to exploit their existing data to make decisions and incorporate advanced analytics into their processes.
In the discipline of Operations Research, the Ant Colony Optimization algorithm (ACO) is a technique to solve complex combinatorial problems inspired by the behaviour shown by ants in nature, swarm intelligence.
ISyE Professor Dave Goldsman talks about some interesting uses of Mathematics in Industrial Engineering and Operations Research. The Power of Mathematics for ISyE Engineers Source: GeorgiaTech ISyE
The IFORS 2014 Triennial Conference will be held in Barcelona, Spain, July 13-18 2014. It will bring operational researchers from around the globe together. The deadline for Abstract submissions is…
This year, Code.org is launching the Hour of Code as part of the annual Computer Science Education Week (CSEdWeek), a celebration geared to encourage interest in the field and show…
Optimization is often related to logistic problems, supply chains or resource management, where its aim is to get the more profit the better. However, this is a misconception of the…
A set of free User Defined Functions for Microsoft Excel® to create Sparklines. The simple, intense, word-sized graphics invented by Edward Tufte & implemented by Fabrice Rimlinger. Very good graphics…
Three UPM students are finalist AIMMS/MOPTA modeling competition. The OptNAR team, consisting of Raúl Pulido, Natalia Ibañez and Adrián Aguirre (INTEC), will present the results of their solution to a specific ‘Operating theater planning problem’ at the MOPTA conference on 14-16 August in Bethlehem, America.
They are researching at the UPM, in the Industrial Engineering doctorate program in the Math-based Decision Making in Logistics and Operations.
In this competition, teams consider a particular instance of an OR scheduling and sequencing problem. The goal of each team is to develop effective, quantitative, user-friendly tools to support an OR manager’s scheduling and sequencing decisions by using the AIMMS modeling environment.
How algorithms rule the world The NSA revelations highlight the role sophisticated algorithms play in sifting through masses of data. But more surprising is their widespread use in our everyday…
In a sense, all business boils down to math. But some companies have tougher equations to solve than others. At UPS, the average driver makes about 120 deliveries per day,…