Modeling and Solving Large-Scale Optimization Problems: Case Studies in Renewable Energy and Mining
Large-scale optimization modeling is becoming more prevalent in industry practices.As computational hardware and software continue to improve, the problems practitioners attempt to solve increase in complexity. We explain in detail how to improve the tractability and efficiency of large-scale models with the use of the following techniques: (i) Data management, (ii) efficient formulations, (iii) numerical analysis, (iv) heuristics, (v) specialized algorithms, and (vi) decomposition techniques. We apply these techniques to real-world problems in heavy-industry applications: renewable-energy and ...
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