Enthusiasm for the potential impact of AI on hospital operations is often based on its impact in other industries. However, non-health care companies invest in AI after having digitized and optimized ...

You may have heard the news that two American economists – Paul Milgrom and Robert Wilson – recently won the 2020 Nobel Prize in Economic Sciences "for improvements to auction theory and inventions of ...

Ed Rothberg is Chief Scientist and Chairman of the Board at Gurobi, producer of one of the world’s fastest mathematical optimization solver. Despite a growing level of interest in mathematical ...

Learning a new skill can be difficult, especially when it’s relatively complex. It’s often hard to keep definitions, concepts, and descriptions straight when you’re trying to make inroads into an area ...

Although Bayesian Optimization (BO) has been employed for accelerating materials design in computational materials engineering, existing works are restricted to problems with quantitative variables.

This paper presents the Secant Optimization Algorithm (SOA), a novel mathematics-inspired metaheuristic derived from the Secant Method. SOA enhances search efficiency by repeating vector updates using ...