MILP Solvers

MILP (Mixed-Integer Linear Programming) solvers are specialized algorithms used to find the best solution in complex decision-making problems involving both continuous (e.g., quantities) and integer (e.g., yes/no, on/off) variables. They model real-world scenarios with linear equations and inequalities, then systematically explore possible solutions to optimize an objective (like minimizing cost or maximizing profit). These solvers are widely used in areas like logistics, finance, and manufacturing to determine optimal plans while adhering to specific constraints, helping organizations make informed, efficient decisions in complex environments.