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by wenc
2178 days ago
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Yes, when Bill Bixby (founder of CPLEX and Gurobi, companies that made and still make the fastest MIP solvers in the world) revealed similar numbers a few years ago, many of us practitioners were astounded too. But those improvements were also a product of lots of smart people funded by cash-rich industries (i.e. oil & gas, airlines... MIPs are big bucks commercially. I recall at one point a commercial CPLEX license was $100k list) poking at the problem for over 30 years. Many Ph.D.s in operations research and mathematical optimization were generated on this topic alone. |
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Note that now we have lots of smart people funded by new cash-rich industries (search, social networks, SaaS, etc.) poking at the problem with "black-box" approaches. I will be interesting to see what comes out of it.