15:00pm |
From Idea to Model – Practical strategies for Getting Started with Optimization
Optimization practitioners get excited when they have a clear puzzle in front of them. This is also the point in time where technology is usually introduced. However, success does not just depend on the right formulas and algorithms: it’s about aligning them with the right business challenges. In this session, we take a few steps back and look at identifying high-impact use case, developing a value hypothesis and scoping a proof of concept that can help validate the potential of an optimization solution.
Ronald van der Velden, Manager of Technical Account Management EMEA, Gurobi Optimization
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15:30pm |
Gone is 60 seconds : Quick Operational Decisions Using Math Models for Better KPIs
In the world of on-demand delivery, an efficient dispatcher is a key to the success of any delivery business.
As a leading delivery platform in the Middle East, at MRSOOL, the dispatch management plays a crucial role in ensuring that each order is assigned to the best courier in a way that provides the best experience for all parties involved — buyers, couriers, and businesses. Operational decision making requires speed, scale, and reliability. Greedy algorithms are fast, but not always optimal and certainly cannot consider multiple objectives.
In this session, we talk about building mathematical models to capture operational requirements, preferences, and business KPIs. We share our lessons on challenges to keep the model simple and get optimal decisions in matter of seconds. Effectiveness of any model depends on quality of data. We discuss challenges with quality of distance time matrix and food preparation time estimates etc. and ideas to improve accuracy with machine learning.
Vijay Patil, Associate Director of OR and AI, ORMAE, India
Bady Ammar, Head of Product, MRSOOL, Saudi Arabia
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16:30pm |
Tuning Gurobi for Real-world Impact: Heuristics-Powered Optimization
Finding high-quality feasible solutions quickly is a key challenge in real-world optimization applications. Gurobi is equipped with a rich set of heuristics that enable rapid solution generation and improvement to strike the balance between time-to-good-solutions and proof-of-quality. This talk will explore heuristics as an integral part of Gurobi’s solving strategy and demonstrate how certain non-default settings can drastically reduce the time-to-first-solution on certain models. Join us to discover how Gurobi makes advanced mathematical optimization a practical and effective tool for real-world decision-making.
Ronald van der Velden, Manager of Technical Account Management EMEA, Gurobi Optimization |