Challenges of Applying Optimization Methodology in Industry

This presentation starts with two case studies of applying optimization methodology in industry, one involving numer-ical optimization based on simulation models, and the other combinatorial optimization with specific constraints and ob-jectives. These case studies serve to identify some of the challenges frequently met by solution providers for industrial optimization problems. Based on our experience in applying optimization methodology in industry, we then provide sug-gestions for dealing with these challenges in order to bridge the gap between academia and industry in optimization