EconPapers    
Economics at your fingertips  
 

Integrating Logical Inference with Numeric Optimization

Ho Geun Lee and Ronald M. Lee

Intelligent Systems in Accounting, Finance and Management, 1994, vol. 3, issue 2, 99-110

Abstract: OR and AI techniques have progressed separately without adequate interactions although they can benefit from each other's complementary strengths: OR in efficient mathematical computation and AI in domain‐specific knowledge representation. Constraint Logic Programming (CLP) is introduced as a problem‐ solving tool which combines these complementary strengths. CLP uses predicate logic for knowledge representation, thus providing stronger expressive powers than prepositional logic, which is employed by mathematical programming. In addition, CLP allows numeric optimization with a computational efficiency comparable to OR approaches. This integration of logical inference and mathematical computation fits well into a special class of decision problems that requires not only logical inference on domain‐specific knowledge but also numeric optimization through mathematical formulation. A production planning problem is introduced and solved by CLP. The results are compared with an implementation by mixed integer programming to show the advantages of the integration of OR and AI approaches over either one used alone.

Date: 1994
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/j.1099-1174.1994.tb00059.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:isacfm:v:3:y:1994:i:2:p:99-110

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1099-1174

Access Statistics for this article

More articles in Intelligent Systems in Accounting, Finance and Management from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-20
Handle: RePEc:wly:isacfm:v:3:y:1994:i:2:p:99-110