Skip to main content
Northwestern University

Stochastic Optimization Technologies

Founded: 2016

Northwestern Inventor:
Sanjay Mehrotra
McCormick School of Engineering
Industrial Engineering and Management Sciences

Stochastic Optimization Technologies leverages stochastic mathematical modeling together with predictive analytics to forecast staffing demand and create a more accurate and cost effective staff schedule. The developed methodology results in near real-time solutions of realistic scheduling models that were previously intractable. Back to top