An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).

Microsoft Excel is a powerhouse when it comes to calculating numbers. With its vast assortment of functions, you can construct formulas to derive virtually any numeric result. However, if these ...

Today the Numerical Algorithms Group announces the latest version of its flagship software, the NAG Library, Mark 26. In this release, NAG has introduced an Optimization Modeling Suite for linear and ...

In this paper the generalized Newton's method for LC¹ unconstrained optimization is investigated. This method is an extension of Newton's method for the smooth optimization. Some basic concepts are ...