Fuzzy optimisation has emerged as a vital framework for addressing decision-making and extremum problems where data ambiguity and uncertainty preclude the direct application of classical optimisation ...

MINNEAPOLIS--(BUSINESS WIRE)--FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced the availability of version 7.1 of its FICO™ Xpress Optimization ...

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).