From Solvers to Decision Factories

After reading the new book “The Decision Factory“, I posted an article with this title on LinkedIn. Here is the conclusion: “Moving from pure solvers to ‘decision factories’ reflects a broader trend: traditional optimization solvers are maturing into Decision Optimization components embedded within larger Decision Intelligence platforms. This lays the foundation for building custom decision systems that can keep pace with an ever-changing real world.” Link

Finding decisions for complex problems with multiple interdependent sub-problems

After I wrote about “Making Operational Repetitive Decisions Under Uncertainty,” I found several interesting descriptions of how optimization experts, Adam DeJans Jr. and Helmut Simonis, deal with challenging issues arising in dynamic, real-world settings characterized by high levels of uncertainty. In this LinkedIn post, I quoted their thoughts, including concrete problem examples. Link