A novel algorithm for a broad class of nonconvex optimization problems

In this paper, we propose a new global optimization approach for solving nonconvex optimization problems in which the nonconvex components are sums of products of convex functions. A broad class of nonconvex problems can be written in this way, such as concave minimization problems, difference of convex problems, and fractional optimization problems. Our approach exploits … Read more

Playing Stackelberg security games in perfect formulations

Protecting critical infrastructure from intentional damage requires foreseeing the strategies of possible attackers. The problem faced by the defender of such infrastructure can be formulated as a Stackelberg security game. A defender must decide what specific targets to protect with limited resources, maximizing their expected utility (e.g., minimizing damage value) and considering that a second … Read more

Integrating Order-to-Delivery Time Sensitivity in E-Commerce Middle-Mile Consolidation Network Design

This paper proposes an approach that leverages data on customer purchasing sensitivity to quoted order-to-delivery times (ODTs) when designing middle-mile consolidation networks to maximize the profit of e-commerce retailers. Our approach integrates quoted ODT-dependent sales volume predictions into a new mixed-integer program (MIP) that simultaneously determines ODT quotes and a consolidation plan, characterized by the … Read more

Exploiting user-supplied Decompositions inside Heuristics

Numerous industrial fields, like supply chain management, face mixed-integer optimization problems on a regular basis. Such problems typically show a sparse structure and vary in size, as well as complexity. However, in order to satisfy customer demands, it is crucial to find good solutions to all such problems quickly. Current research often focuses on the … Read more

The Vehicle Routing Problem with Access Restrictions

To mitigate the negative effect of freight vehicles on urban areas, many cities have implemented road accessibility restrictions, including limited traffic zones, which restrict access to specific areas during certain times of the day. Implementing these zones creates a trade-off between the delivery cost and time, even under the assumption of equal traversal time and … Read more

Improved Rank-One-Based Relaxations and Bound Tightening Techniques for the Pooling Problem

The pooling problem is a classical NP-hard problem in the chemical process and petroleum industries. This problem is modeled as a nonlinear, nonconvex network flow problem in which raw materials with different specifications are blended in some intermediate tanks, and mixed again to obtain the final products with desired specifications. The analysis of the pooling … Read more

A Tailored Derivative Instrument to Mitigate the Price-and-Quantity Risk faced by Wind Power Companies

The intermittent nature of wind generation combined with the well-known volatility of electricity spot prices expose Wind Power Companies (WPCs) committed to long-term forward contracts to the so-called price-and-quantity risk. Several instruments were designed in the past years to mitigate this risk exposure. However, most of them were mainly constructed to cope with only one … Read more

Mind the \(\tilde{O}\): asymptotically better, but still impractical, quantum distributed algorithms

The CONGEST and CONGEST-CLIQUE models have been carefully studied to represent situations where the communication bandwidth between processors in a network is severely limited. Messages of only \( O(log(n)) \) bits of information each may be sent between processors in each round. The quantum versions of these models allow the processors instead to communicate and … Read more

The set partitioning problem in a quantum context

The set partitioning problem and its decision variant (i.e., the exact cover problem) are combinatorial optimization problems that were historically crucial in the quantum optimization community. This problem is also employed in the main problem of the branch-and-price approach in many real-world optimization problems, including, but not limited to, redistricting and scheduling. Motivated by recent … Read more