A new approach to the one-dimensional cutting stock problem is described and compared to the classical model for which Gilmore and Gomory have developed a special column-generation technique. The new ...

The paper solves the stochastic inverse optimal problem. Dynamic programming is used to transform the original problem into a differential equation. Such an equation is well-defined (with probability ...

Formulate linear and integer programming problems for solving commonly encountered optimization problems. Understand how approximation algorithms compute solutions that are guaranteed to be within ...