ENGLISH

Online Optimization of Large Scale Systems: State of the Art

By Martin Grotschel , Sven O. Krumke , Jörg Rambau

Book information

Publisher
Springer
Year
2010
ISBN
9783642076336, 3642076335
Language
english
Format
PDF
Filesize
33 MB (34893018 bytes)
Edition
1st Edition.
Pages
182\182
Library
mexmat
Time added
2009-07-20 03:45:11

Description

Whether costs are to be reduced, profits to be maximized, or scarce resources to be used wisely, optimization methods are available to guide decision making. In online optimization the main issue is incomplete data, and the scientific challenge: How well can an online algorithm perform? Can one guarantee solution quality, even without knowing all data in advance? In real-time optimization there is an additional requirement, decisions have to be computed very fast in relation to the time frame of the instance we consider. Online and real-time optimization problems occur in all branches of optimization. These areas have developed their own techniques but they are addressing the same issues: quality, stability, and robustness of the solutions. To fertilize this emerging topic of optimization theory and to foster cooperation between the different branches of optimization, the Deutsche Forschungsgemeinschaft (DFG) has supported a Priority Programme "Online Optimization of Large Systems".

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