Combining optimisation and simulation using logic-based Benders decomposition

Operations Research practitioners often want to model complicated functions that are difficult to encode in their underlying optimisation framework. Michael Forbes discusses a new approach to integrating simulation into the optimisation model itself.

Image courtesy of interviewee

Read the Study
Log-in or Sign-up to Faculti
Currently viewing this subject insight as a guest. You have insight(s) remaining for this month.

Leave a Reply

Your email address will not be published.

Copyright © Faculti Media Limited 2013 - 2024. All rights reserved.