How to make better decisions
It can help you make the most of your data and resources, resulting in cost savings and higher revenues – and improved products or services. Complex business and engineering problems in a wide variety of industries can be solved with mathematical optimization.
In this seminar, we will give a short introduction to optimization illustrated by three use cases: automotive, wind power, and aviation.
You will learn about:
- What is meant with "optimize" and "optimization" in mathematical terms?
- How to evaluate optimization algorithms and to pose critical questions:
- Which type of algorithm is suitable for your problem?
- What are good objectives and constraints?
- How can the results be applied to your practical setting?
- How optimization is applied in practice through 3 industrial cases
The Programme:
- Welcome and Introduction
Heidi Dahl, Sintef and chairman of Tekna Big Data board - Intro into Optimization
Torkel Hauffman, SINTEF - Mathematical optimization for offshore wind farm design
Martina Fischetti, Vattenfall - Optimization in RENAULT supply chain and manufacturing.
Alain Nguyen, Renault - Optimization in Aviation
Patrick Schittekat, SINTEF - Closing and remarks
Heidi Dahl, Sintef and chairman of Tekna Big Data board
