| dc.description.abstract |
Integer programming (IP) is a branch of Mathematical optimization where the objective is to
find the best solution from a finite set of feasible solutions, subject to a set of constraints, with
the decision variables restricted to integer values. IP has widespread applications in diverse
areas such as logistics, finance, manufacturing, scheduling, and network design. The problem
can be formulated as either a pure integer program, where all variables are restricted to be
integers, or as a mixed-integer program (MIP), where only some variables are restricted to integer
values. Solving IP problems efficiently is a fundamental challenge due to their computational
intractability in large instances. Various solution techniques, including branch-and-bound, cutting
planes, and heuristics, have been developed to tackle different types of IP problems. Despite
significant advances in algorithms and software, integer programming continues to be an area
of active research, with ongoing efforts to improve the scalability and robustness of solvers for
practical applications. We can discuss real-world applications where integer programming is
frequently used, such as in supply chain optimization, scheduling, transportation problems, or
network design. |
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