Mathematic optimization (aka operative research) is one of the pillars of ACT Solutions' approach.
When it comes to a large number of variables and constraints, whether it is strategic or operational, decision-making becomes complex. This affects financial performance and even the future of your business.
That's why optimal decision-making is so important!
Which are the typical circumstances where a business can advantage from math optimization?
- solving complex problems (e.g. large number of variables and constrains)
- problem definition and break-down
- results prediction and scenario
- process re-engineering
- risk management
- data management
- competitive benchmarking
Techniques
At ACT Solutions we use popular and advanced techniques.
Some of the former are the following:
- mixed integer linear programming
- network flow techniques
- dynamic programming
- black box optimization (derivative free algorithm)
- fuzzy logic optimization
- combinatorial optimization metaheuristics (genetic and evolutive algorithm's, simulated annealing, tabu search, grasp, path relinking)
- stochastic optimization
- multicriteria decision making techniques
Third-parts technologies
- ACT Solutions technology is developed on Java.
- We couple our tools with those of world's leaders such as SAS OR.
|