I’ve been keeping track of AI since the early 1970s when I read a book, “The Sciences of the Artificial” by Herbert A. Simon, ...

In this article Gomory's method of solution of integer linear programming problems is described briefly (with an example of the method of solution). The bulk of the paper is devoted to a discussion of ...

Inventory management is the process of ordering, storing, using, and selling a company's inventory, including raw materials, components, and finished products. Learn about the different methods of ...

Discover what black box models are, their applications in finance and investing, and examples of how they drive decision-making without revealing internal processes.

The purpose of this paper is to explore the application of K-Means cluster analysis and linear programming model in agricultural production. Firstly, the linear programming model is used to formulate ...

In this study, we introduce numerical methods for discretizing continuous-time linear-quadratic optimal control problems (LQ-OCPs). The discretization of continuous-time LQ-OCPs is formulated into ...