The Effective Statistician - in association with PSI

What Are GAMS and How Can You Leverage Them?

7 snips
Jan 27, 2025
Guest
Steve Dierkser
Join Steve Dierkser, a GAMS expert with a knack for optimization, as he dives into the fascinating world of the General Algebraic Modeling System. Discover how GAMS applies to real-world scenarios like logistics and radiation therapy. Steve shares essential steps to tackle optimization problems and highlights the contrasting approaches of traditional GAMS and GAMSpy. He also emphasizes the role of convex functions in model building, encouraging listeners to explore the resources available for mastering statistical modeling. Get inspired on your data journey!
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ANECDOTE

Simple Optimization Example

  • A simple optimization example involves delivery companies like UPS and FedEx.
  • They use models to determine which packages go on which trucks, optimizing delivery schedules and plans.
ANECDOTE

Knapsack Problem

  • The classic knapsack problem illustrates simple optimization.
  • It involves maximizing the value of items in a backpack without exceeding its capacity.
ANECDOTE

Cancer Therapy Optimization

  • Cancer therapy presents a complex optimization problem.
  • The goal is to maximize radiation to cancer cells while minimizing damage to healthy tissue.
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