Following are lightly edited excerpts from Rob’s recent webinar (watch the recording here). An optimization model can perform beautifully in development but struggle or fail when it reaches production. The reason is straightforward: production changes the rules. A prototype often operates against a controlled dataset and can be given considerable time to find an answer. […]
Electric power executives are navigating one of the most complex operating environments the industry has ever faced. Demand patterns are shifting, renewables are accelerating, and energy storage is scaling rapidly, all of it managed within operational windows measured in minutes. At the center of that challenge sits a set of optimization models that most consumers […]
At the recent INFORMS Annual Meeting, I had the great pleasure to be a judge for “Doing Good with Good OR,” https://www.informs.org/Recognizing-Excellence/INFORMS-Prizes/Doing-Good-with-Good-OR-Student-Paper-Competition, the student competition that honors projects that greatly impact society. I joined the competition committee this year and will be the co-chair with Dr. Justin Boutilier in 2023. As a global society of […]
Princeton Consultants employs a 7-step methodology that improves the likelihood of success and deliverability in optimization projects. Based on our solution development and deployment for many clients in varied industries, this approach helps create useful documentation, shortens the overall development time, improves code maintainability, and provides a natural feedback loop to business requirements. The main […]
Photo – The Wagner Prize presentation team: (left to right) Ted Gifford, Daniel Vanden Brink, Tracy Opicka, Robert Randall and Ashesh Sinha. I was proud to be part of a recent project that delivered significant, quantifiable economic savings as well as improvements in productivity and service. The project duration and Time to Payback (TTP) were […]
