Optimal stopping problems constitute a pivotal area in applied mathematics and statistics, where the objective is to determine the most opportune moment to terminate a stochastic process in order to ...

Bicycle sharing systems have become an attractive option to alleviate traffic in congested cities. However, rebalancing the number of bikes at each port as time passes is essential, and finding the ...

Over the course of my 25-year career in the mathematical optimization software industry, I’ve lost count of how many times I’ve been asked this question: “Can you tell me what mathematical ...

There are, generally speaking, two types of people in the mathematical optimization software field: • Optimization solver developers: The technical experts who devise and implement the algorithms that ...

In this paper we consider a method of solving optimal stopping problems in discrete and continuous time based on their dual representation. A novel and generic simulation-based optimization algorithm ...

An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).

Hyped as the solution to many problems – both hard and easy – quantum-enhanced optimization is a burgeoning research field. But with untrainable circuits, “barren plateaus” and deceptive local minimas ...

Excerpted from Things to Make and Do in the Fourth Dimension: A Mathematician’s Journey Through Narcissistic Numbers, Optimal Dating Algorithms, at Least Two Kinds of Infinity, and More by Matt Parker ...