Lester Ingber

Lester Ingber

Real Options for Project Schedules (ROPS) has three recursive sampling/optimization shells. An outer Adaptive Simulated Annealing (ASA) optimization shell optimizes parameters of strategic Plans containing multiple Projects containing ordered Tasks. A middle shell samples probability distributions of durations of Tasks. An inner shell samples probability distributions of costs of Tasks. PATHTREE is used to develop options on schedules.. Algorithms used for Trading in Risk Dimensions (TRD) are applied to develop a relative risk analysis among projects.

Lester Ingber

It is proposed to apply modern methods of nonlinear nonequilibrium statistical mechanics to develop software algorithms that will optimally respond to targets within short response times with minimal computer resources. This Statistical Mechanics Algorithm for Response to Targets (SMART) can be developed with a view towards its future implementation into a hardwired Statistical Algorithm Multiprocessor (SAM) to enhance the efficiency and speed of response to targets (SMART_SAM).