Princeton Optimization

Survey Results Summary: Solvers, Programming and Modeling Languages and More

What optimization solvers, programming and modeling languages do professors, students and industry practitioners use? Do they align? At the INFORMS Annual Meeting in October in Phoenix, Princeton Consultants asked attendees to see what has changed since 2017, the last time we conducted the survey. The findings are summarized as follows: The usage of Gurobi increased. The […]

Year-End Thoughts About the Exhilarating World of AI and Optimization

This post is adapted from Irv’s appearance on the Alldus “AI in Action” podcast series. These are truly exciting times for advanced analytics practitioners, whether you are launching your career or continuing to develop and implement solutions. Reaping the Benefits of Improved Performance In the 1980’s when I was a grad student, I used a […]

Business Problem Framing for AI Projects: Tasks and Techniques

The AI solution development life cycle requires very different activities. INFORMS created a Job Task Analysis through surveys of practitioners for its Certified Analytics Professional (CAP) program. The result of this study defined seven performance domains for analytics practitioners, which I view as key components of the AI solution development life cycle. In the diagram below, […]

Operations Research Leadership and Entrepreneurship with Thomas Cook

Tom Cook, founding partner of Decision Analytics International and past president of Sabre Decision Technologies, is a truly remarkable operations research trailblazer in the airline industry. Tom has long been a major leader in driving the growth of advanced analytics. He is a past president of The Institute of Management Sciences (TIMS) and of the Institute for […]

Is Your Business Optimizing for Excitement?

We recently presented our work with Birchbox, the premier beauty subscription service, to a panel of judges for the INFORMS Wagner Prize for excellence in the practice of operations research and innovation in mathematics and advanced analytics. One judge asked how customer preferences and behavior are incorporated into the optimization model for product assortment. We […]

Optimizing Safe Seating for Live Events at a Division 1 University

As COVID-19 impacted the United States in the summer of 2020, universities struggled to plan for the return of live sports events at their stadiums and arenas. Ticketing and analytics groups at many major universities manually prepared seating plans for the fall football season based on assumptions of limited capacity in a safe environment, without knowing whether fans […]

Numerical Optimization and More with Margaret Wright

Margaret Wright is a distinguished researcher in optimization, linear algebra, and scientific computing, currently the Silver Professor of Computer Science at the Courant Institute of Mathematical Sciences, New York University. She is best known for groundbreaking work on barrier methods and nonlinearly constrained optimization, and on optimization without derivatives. In 2019 she was awarded the John […]