The Power of Optimization: Solving a Dire Water Access Problem
The SEIO-BBVA prize for best applied contribution in operations research goes to a team including FICO’s Selene Silvestri
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Oliver Bastert
Dr. Oliver Bastert leads product management for FICO’s analytics and optimization capabilities. With more than 20 years experience in solving challenges in finance, energy, logistics, petrochemical and other industries, he is passionate about mathematical algorithms, simplifying modeling and bringing the value of advanced analytics into the hands of business experts. Prior to joining FICO, Oliver has worked at Dash Optimization developing mixed integer programming algorithms. He holds a doctorate degree in mathematics from the Technical University of Munich, Germany.
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The Santa Challenge 4: Fly with Fewer Reindeer!
Two of Santa's reindeer are self-isolating - how can he make the flight with less speed? FICO optimization shows him how!
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MIP Benchmarking: Don't Abuse the Standards
The mathematical optimization community already has a clear set of standards for MIP benchmarking - these should be followed.
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Only 295 Days until Christmas! Optimizing Santa's Workshop
It seems like just yesterday Santa got back from his sunny post-Christmas vacation, and now we’re talking about how Santa’s operation can be optimized mathematically. But, even tho…
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Kaggle Competition: Optimizing Santa's Workshop
Each year, Santa (the jolly old elf) has a grueling toy-production schedule to keep. Toy orders arrive all year long, and production must be completed by noon North Pole Time on De…
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The Complexity of Sports Scheduling
The NBA recently fined the San Antonio Spurs $250,000 for resting four of their marquee players in a game against the Miami Heat. The Spurs coach stood by his decision stating…
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Celebrating 40 Years of Forrest-Tomlin
This year marks the 40th birthday of the Forrest-Tomlin Method, which was implemented to speed up the simplex algorithm for early computer architectures. As many Operations Res…
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Optimization Software for Collections
We recently worked with a leading auto lending company to set up FICO Xpress Optimization Suite for their collections needs. Historically, collections has been a very subjectiv…
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