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ASP, The Art and Science of Practice: A (Very) Short Course in Suboptimization

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  • Jeffrey D. Camm

    (Department of Operations, Business Analytics and Information Systems, Lindner College of Business, University of Cincinnati, Cincinnati, Ohio 45221)

Abstract

Sometimes being suboptimal is best. Cuts to the unit hypercube, as Balas and Jeroslow discuss [Balas E, Jeroslow R (1972) Canonical cuts on the unit hypercube. SIAM J. Appl. Math. 23(1):61–69], provide a simple approach to generating alternative optima and (or) providing a family of suboptimal solutions for one’s clients to consider. In this paper, I discuss how to generate useful suboptimal solutions using Balas and Jeroslow’s cuts to the unit hypercube and why clients are willing to pay for them.

Suggested Citation

  • Jeffrey D. Camm, 2014. "ASP, The Art and Science of Practice: A (Very) Short Course in Suboptimization," Interfaces, INFORMS, vol. 44(4), pages 428-431, August.
    • Handle: RePEc:inm:orinte:v:44:y:2014:i:4:p:428-431
    DOI: 10.1287/inte.2014.0754
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    References listed on IDEAS

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    1. Arthur M. Geoffrion, 1976. "The Purpose of Mathematical Programming is Insight, Not Numbers," Interfaces, INFORMS, vol. 7(1), pages 81-92, November.
    2. Eugene L. Lawler, 1972. "A Procedure for Computing the K Best Solutions to Discrete Optimization Problems and Its Application to the Shortest Path Problem," Management Science, INFORMS, vol. 18(7), pages 401-405, March.
    3. Tsai, Jung-Fa & Lin, Ming-Hua & Hu, Yi-Chung, 2008. "Finding multiple solutions to general integer linear programs," European Journal of Operational Research, Elsevier, vol. 184(2), pages 802-809, January.
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    Cited by:

    1. Brendan K. Eagen & Timothy C. Y. Chan & Michael W. Carter, 2018. "Women’s College Hospital Uses Operations Research to Create an Ambulatory Clinic Schedule," Service Science, INFORMS, vol. 10(3), pages 230-240, September.
    2. Thierry Petit & Andrew C. Trapp, 2019. "Enriching Solutions to Combinatorial Problems via Solution Engineering," INFORMS Journal on Computing, INFORMS, vol. 31(3), pages 429-444, July.
    3. Jeffrey D. Camm & Jeremy Christman & A. Narayanan, 2022. "Total Unduplicated Reach and Frequency Optimization at Procter & Gamble," Interfaces, INFORMS, vol. 52(2), pages 149-157, March.

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