Congratulations to 2011 Wagner Prize Winner, Intel

Karl Kempf and Evan Rash of Intel took home the coveted Daniel H. Wagner Prize for Excellence in Operations Research Practice at the INFORMS Annual Meeting. They won for describing the huge impact operations research and analytics has on product line design and scheduling at Intel, the world's largest semiconductor chip maker based on revenue. Intel's presentation and slides will appear in INFORMS Video Learning Center next month. The full paper will appear in the September/October 2012 issue of Interfaces.
Here is the abstract (contact Karl Kempf at karl.g.kempf@intel.com for more information):
We describe a holistic model for the product line design and scheduling problem that incorporates market requirements, design engineering capabilities, manufacturing costs, and temporal dynamics. The key idea is the decomposition of the problem into 1) an outer genetic algorithm layer handling resource constraints, scheduling, and financial optimization, and 2) an inner mathematical programming layer optimizing product design as classic set covering. The resulting algorithm solves problems of larger size and higher complexity than previously possible.