In Version 8.0, we've gone far beyond competitors and our own earlier products, to give users to ability to solve large-scale models with uncertainty, and to create and solve more realistic models that include recourse or 'wait and see' decisions.
Incline Village, NV (PRWEB) January 2, 2008
Frontline Systems, Inc., developer of the Solver in Microsoft Excel, is shipping a major Version 8.0 upgrade of its full product line: Premium Solver and Premium Solver Platform for optimization, Risk Solver and Risk Solver Engine for simulation, and seven large-scale Solver Engines -- as well as Solver Platform SDK Version 7.2 for 32-bit and 64-bit Windows and Linux, an improved version of Frontline's popular Software Development Kit for optimization and simulation. Prospective users can download a free trial version at solver.com
A brand-new product offering in Version 8.0 is Premium Solver Platform Stochastic Edition, the first commercial software product to implement new robust optimization methods, and the only software to offer a comprehensive toolkit for solving models that include uncertainty, using simulation optimization, stochastic programming, and robust optimization methods.
Enhanced Solver dialogs, familiar to Excel Solver users, make it easy to define models with uncertain parameters (compatible with Frontline's Risk Solver software), recourse decision variables, chance constraints, and expected value and risk measure objectives. New video tutorials, online Help, and example models make the Platform's new power readily accessible to business users.
Other enhancements include new heuristics for faster solution of linear mixed-integer problems, new multi-core processor support in the XPRESS and MOSEK Solvers, significant nonlinear optimization improvements in the KNITRO and LSSQP Solvers, new support for semi-continuous decision variables in all twelve Frontline Solvers, and enhancements to the Platform's object-oriented API (Application Programming Interface) including automatic recording of API calls for actions taken through the Solver dialogs.
Frontline is featuring the MOSEK Solver as an add-on to Premium Solver Platform Stochastic Edition, since it solves large LP and SOCP robust counterpart models that the Platform can create automatically for problems with uncertainty.
"In Version 7.0, we matched the best competitive products for risk analysis in Excel, and we offered the fastest available simulation optimization," said Daniel Fylstra, President of Frontline Systems. "In Version 8.0, we've gone far beyond competitors and our own earlier products, to give users to ability to solve large-scale models with uncertainty, and to create and solve more realistic models that include recourse or 'wait and see' decisions."