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Optimization and Industry

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Optimization and Industry Synopsis

Optimization from Human Genes to Cutting Edge Technologies The challenges faced by industry today are so complex that they can only be solved through the help and participation of optimization ex- perts. For example, many industries in e-commerce, finance, medicine, and engineering, face several computational challenges due to the mas- sive data sets that arise in their applications. Some of the challenges include, extended memory algorithms and data structures, new program- ming environments, software systems, cryptographic protocols, storage devices, data compression, mathematical and statistical methods for knowledge mining, and information visualization. With advances in computer and information systems technologies, and many interdisci- plinary efforts, many of the "data avalanche challenges" are beginning to be addressed. Optimization is the most crucial component in these efforts. Nowadays, the main task of optimization is to investigate the cutting edge frontiers of these technologies and systems and find the best solutions for their realization. Optimization principles are evident in nature (the perfect optimizer) and appeared early in human history. Did you ever watch how a spider catches a fly or a mosquito? Usually a spider hides at the edge of its net. When a fly or a mosquito hits the net the spider will pick up each line in the net to choose the tense line? Some biologists explain that the line gives the shortest path from the spider to its prey.

About This Edition

ISBN: 9781461379539
Publication date: 17th September 2011
Author: Panos M Pardalos, Victor Korotkikh
Publisher: Springer an imprint of Springer US
Format: Paperback
Pagination: 340 pages
Series: Applied Optimization
Genres: Optimization
Management decision making
Maths for computer scientists
Operational research
Applied mathematics