Business Optimization Using Mathematical Programming, 2nd Edition
- Length: 663 pages
- Edition: 2
- Language: English
- Publisher: Springer
- Publication Date: 2021-09-01
- ISBN-10: 3030732363
- ISBN-13: 9783030732363
- Sales Rank: #9482280 (See Top 100 Books)
This book presents a structured approach to formulate, model, and solve mathematical optimization problems for a wide range of real world situations. Among the problems covered are production, distribution and supply chain planning, scheduling, vehicle routing, as well as cutting stock, packing, and nesting. The optimization techniques used to solve the problems are primarily linear, mixed-integer linear, nonlinear, and mixed integer nonlinear programming. The book also covers important considerations for solving real-world optimization problems, such as dealing with valid inequalities and symmetry during the modeling phase, but also data interfacing and visualization of results in a more and more digitized world. The broad range of ideas and approaches presented helps the reader to learn how to model a variety of problems from process industry, paper and metals industry, the energy sector, and logistics using mathematical optimization techniques.
Cover Front Matter 1. Optimization: Using Models, Validating Models, Solutions, Answers 2. From the Problem to its Mathematical Formulation 3. Mathematical Solution Techniques 4. Problems Solvable Using Linear Programming 5. How Optimization Is Used in Practice: Case Studies in Linear Programming 6. Modeling Structures Using Mixed Integer Programming 7. Types of Mixed Integer Linear Programming Problems 8. Case Studies and Problem Formulations 9. User Control of the Optimization Process and Improving Efficiency 10. How Optimization Is Used in Practice: Case Studies in Integer Programming 11. Beyond LP and MILP Problems ⊖ 12. Mathematical Solution Techniques — The Nonlinear World 13. Global Optimization in Practice 14. Polylithic Modeling and Solution Approaches 15. Cutting and Packing Beyond and Within Mathematical Programming 16. The Impact and Implications of Optimization 17. Concluding Remarks and Outlook Back Matter
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