Ricerca operativa

Creating value with optimization: beyond the obvious Have you ever thought of in how many way optimization brings value to an organization? My long experience suggested to me at least three different answers. One is the more obvious besides two other uncommon. The life-cycle of an optimization project includes this three main steps: writing an optimization model executing an optimization model enjoying the results of an optimization model Each of these steps brings more value, in term of knowledge, efficiency and cash. You write the optimization model Rubén Artime Torres Besides the obvious answer about the improvement in the efficiency, I think optimization helps to create value in an organization because it helps to get a better knowledge of “how things work”, that is, it improves the self-knowledge of the organization. I have been working in optimization projects in the transport industry for more than 20 years and always the knowledge the company has about its in

Simply using the today technology instead of that of 90’s, the day-ahead energy market could be improved in financial efficiency and transparency. In this two parts article, I’d like to show how the most important energy market could be improved adopting updated information technologies. The energy market I’m talking about is the day-ahead power market . It’s the primary wholesales energy market and links many European countries. In a world where the AI, the autonomous driving cars or the commercial space flights are reals, the day-ahead energy market is still based on 90’s technology. There are two stable technologies of the 2010s that could be introduced improving both the financial efficiency and the transparency of the market. The technologies I’m thinking are: the re-optimization the cloud computing In the second part of this article, we will see the improvement due to the cloud. Let we see now what the re-optimization enables. What is the day-ahead power