Business Optimization Using Mathematical Programming: An Introduction with Case Studies and Solutions in Various Algebraic Modeling Languages

Kallrath, Josef (Author)

ISBN 10: 3030732363 / ISBN 13: 9783030732363

Published by Springer, 2021

About this Item

2nd edition. 663 pages. 9.25x6.10x1.65 inches. In Stock.

Seller Inventory # x-3030732363

Bibliographic Details

• Title: Business Optimization Using Mathematical Programming: An Introduction with Case Studies and Solutions in Various Algebraic Modeling Languages
• Publisher: Springer
• Publication Date: 2021
• Language: English
• ISBN 10: 3030732363
• ISBN 13: 9783030732363
• Binding: Hardcover
• Edition: 2nd Edition
• Condition: Brand New
• Weight: 1.1 kilograms

About this title

Synopsis

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.

About the Author

Prof. Dr. Josef Kallrath has studied mathematics, physics and astronomy in Bonn, where he received his doctorate in 1989 with an astrophysical dissertation on the dynamics of colliding binary stellar winds. He is working in practice (BASF SE, Ludwigshafen; 1989-2019), freelances since 1998 as a scientific consultant and solves practical problems in industry with scientific computing and operations research techniques. His work focuses on mathematical optimization to support decision processes in chemical industry, paper industry, metal industry, energy industry, transport infrastructure and the modeling of physical systems. He has taught at the University of Heidelberg (1991-2001) and, since 1997, at the University of Florida in Gainesville/USA.  Since 2002, he has headed the Mathematical Optimization Practice Group of the Gesellschaft für Operations Research (GOR).