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).

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 ...

This lab focuses on marginalism as a strategy for solving optimization problems and shows how Excel's Solver works. Click the links below to download and open the Word (doc) file and Excel (xls) ...

This is a non-standard, but fun and interesting optimization problem. While standing on the shore, given top running and swimming speeds and the location of a struggling swimmer in x and y coordinates ...