Example use cases of large-scale numerical optimization problems
In the previous section, we discussed a few of the commonly used numerical optimization methods. There are several others that we did not touch upon, and we recommend you check the References section for some great texts on several numerical optimization methods. Several very common large-scale optimization problems are implemented and solved in verticals, such as logistics, manufacturing, telecommunications, health care and life sciences, financial services, and so on. In this section, we are going to discuss a few of the very common practical large-scale numerical optimization use cases and applications. We will discuss the following use cases:
- The traveling salesperson problem of determining the best route for a salesperson going from one city to the next
- A dispatch optimization problem for technicians traveling via vehicles and carrying out various jobs in a geographic location
- Assembly line optimization...