The optimization of three problems with high dimensionality and many local minima are investigated under five different optimization algorithms: DIRECT, simulated annealing, Spall’s SPSA algorithm, the KNITRO package, and QNSTOP, a new algorithm developed at Indiana University. Copyright...

With the costs of servicing the grocery industry rising at an alarming rate, many more smaller manufacturers are likely to go out of business. Too many supplier companies are willing to do business with the top multiples which achieves high volume sales but is totally unprofitable. Speaking at...