ARC Centre of Excellence for Mathematical and Statistical Frontiers of Big Data, Big Models, New Insights. In today's world, massive amounts of data in a variety of forms are collected daily from a multitude of sources. Many of the resulting data sets have the potential to make vital contributions to society, business and government, as well as impact on international developments, but are so large or complex that they are difficult to process and analyse using traditional tools. The aim of this ....ARC Centre of Excellence for Mathematical and Statistical Frontiers of Big Data, Big Models, New Insights. In today's world, massive amounts of data in a variety of forms are collected daily from a multitude of sources. Many of the resulting data sets have the potential to make vital contributions to society, business and government, as well as impact on international developments, but are so large or complex that they are difficult to process and analyse using traditional tools. The aim of this Centre is to create innovative mathematical and statistical models that can uncover the knowledge concealed within the size and complexity of these big data sets, with a focus on using the models to deliver insight into problems vital to the Centre's Collaborative Domains: Healthy People, Sustainable Environments and Prosperous Societies.Read moreRead less
Stable on-demand optimization for workforce and fleet logistics management. This project aims to conceive, develop and deploy innovative methodologies for stable on-demand workforce management and fleet logistics based on advanced decision-support systems. The outcome of this project will provide a new cloud-based real-time Optimisation Software-as-a-Service (OSaaS) platform that allows businesses to improve their productivity while reducing operating costs and their environmental footprint. Thi ....Stable on-demand optimization for workforce and fleet logistics management. This project aims to conceive, develop and deploy innovative methodologies for stable on-demand workforce management and fleet logistics based on advanced decision-support systems. The outcome of this project will provide a new cloud-based real-time Optimisation Software-as-a-Service (OSaaS) platform that allows businesses to improve their productivity while reducing operating costs and their environmental footprint. This is expected to support the manufacturing, retail, delivery and mobile fleets industries.Read moreRead less
Problems of identification and inference for 'non-standard' models in complex systems with special reference to finance and teletraffic. The project is concerned with 'non-standard' models needed to deal with complex systems, such as those exhibiting scaling and fractal properties. There is a focus on methods for dealing with heavy tailed distributions and long range dependent observations, for which most standard statistical methods break down, and on applications in finance and telecommunicati ....Problems of identification and inference for 'non-standard' models in complex systems with special reference to finance and teletraffic. The project is concerned with 'non-standard' models needed to deal with complex systems, such as those exhibiting scaling and fractal properties. There is a focus on methods for dealing with heavy tailed distributions and long range dependent observations, for which most standard statistical methods break down, and on applications in finance and telecommunications. An important part of the project concerns model validation for Heyde's fractal activity time geometric Brownian motion model, a candidate minimal description risky asset model to replace the geometric Brownian motion paradigm.Read moreRead less
Mathematics and computing for integrated stockyard-centric management of mining supply chains. Blended mineral products, such as coal and iron ore, make a strong contribution to Australia's economy. Blending occurs in stockpiles, so to realise product value, stockyard and supply chain operational plans must align with blend targets. This project will provide new mathematical and computational planning tools to maximise this value.
Applying search theory for eradicating invasive species. Invasive species have major economic and environmental impacts in Australia and are a major cause of extinctions worldwide. Monitoring is crucial for the timely control of invasive species in sensitive environments. Early detection increases the probability of eradication and increased accuracy in detection reduces the impact of control programs on non-target species. Efficient monitoring also is crucial in determining whether eradication ....Applying search theory for eradicating invasive species. Invasive species have major economic and environmental impacts in Australia and are a major cause of extinctions worldwide. Monitoring is crucial for the timely control of invasive species in sensitive environments. Early detection increases the probability of eradication and increased accuracy in detection reduces the impact of control programs on non-target species. Efficient monitoring also is crucial in determining whether eradication has succeeded. Search Theory has been applied for over 60 years in a wide range of non-biological monitoring problems, resulting in large increases in target detection rates. Gains of a similar magnitude in invasive species detection would greatly enhance Australia's capacity to manage these threats.Read moreRead less
Industrial Transformation Training Centres - Grant ID: IC140100032
Funder
Australian Research Council
Funding Amount
$2,119,872.00
Summary
ARC Training Centre for Food and Beverage Supply Chain Optimisation. ARC Training Centre for Food and Beverage Supply Chain Optimisation. With 15 per cent of the Australian workforce involved in food production and annual food exports of $30.5 billion, the food industry is clearly vital to the Australian economy. The National Food Plan White Paper states as a goal for 2025: "The value of Australia's agriculture and food-related exports will have increased by 45 per cent (in real terms), contribu ....ARC Training Centre for Food and Beverage Supply Chain Optimisation. ARC Training Centre for Food and Beverage Supply Chain Optimisation. With 15 per cent of the Australian workforce involved in food production and annual food exports of $30.5 billion, the food industry is clearly vital to the Australian economy. The National Food Plan White Paper states as a goal for 2025: "The value of Australia's agriculture and food-related exports will have increased by 45 per cent (in real terms), contributing to an increase in our gross domestic product." To make these aspirations a reality, safe, sustainable, and cost-effective, food supply chains will be essential. The Training Centre will train the next generation of multi-disciplinary researchers capable of designing and managing these supply chains.Read moreRead less
Partially Observable MDPs, Monte Carlo Methods, and Sustainable Fisheries. Partially Observable Markov Decision Processes (POMDPs) provide a general mathematical framework for sequential decision making under uncertainty. However, solving POMDPs effectively under realistic assumptions remains a challenging problem. This project aims to develop new efficient Monte Carlo algorithms to significantly advance the application of POMDPs to real-world decision problems involving complex action spaces an ....Partially Observable MDPs, Monte Carlo Methods, and Sustainable Fisheries. Partially Observable Markov Decision Processes (POMDPs) provide a general mathematical framework for sequential decision making under uncertainty. However, solving POMDPs effectively under realistic assumptions remains a challenging problem. This project aims to develop new efficient Monte Carlo algorithms to significantly advance the application of POMDPs to real-world decision problems involving complex action spaces and system dynamics. Both theoretical and algorithmic approaches will be applied to sustainable fishery management --- an important problem for Australia and an ideal context for POMDPs. The project will advance research in artificial intelligence, dynamical systems, and fishery operations, and benefit the national economy.Read moreRead less
Industrial Transformation Training Centres - Grant ID: IC200100009
Funder
Australian Research Council
Funding Amount
$4,861,236.00
Summary
ARC Training Centre in Optimisation Technologies, Integrated Methodologies, and Applications (OPTIMA). OPTIMA addresses industry’s urgent need for decision-making tools for global competitiveness: reducing lead times, and financial and environmental costs, while improving efficiency, quality, and agility. Despite strong expertise in academia, industry is yet to fully benefit from optimisation technology due to its high barrier to entry. Connecting industry partners with world-leading interdiscip ....ARC Training Centre in Optimisation Technologies, Integrated Methodologies, and Applications (OPTIMA). OPTIMA addresses industry’s urgent need for decision-making tools for global competitiveness: reducing lead times, and financial and environmental costs, while improving efficiency, quality, and agility. Despite strong expertise in academia, industry is yet to fully benefit from optimisation technology due to its high barrier to entry. Connecting industry partners with world-leading interdisciplinary researchers and talented students, OPTIMA will advance an industry-ready optimisation toolkit, while training a new generation of industry practitioners and over 120 young researchers, vanguarding a highly skilled workforce of change agents for transformation of the advanced manufacturing, energy resources, and critical infrastructure sectors.Read moreRead less
Using Mathematics to Maximize the Efficiency of Shared Infrastructure in Australia's Coal Export Supply Chain. Port Waratah Coal Services operates the world's largest coal export terminal, servicing about 14 coal mining companies in the Hunter Valley, NSW. It is responsible for around $15 billion in annual export income for Australia. The coal supply chain is a complex operation, hampered by bottlenecks in critical shared infrastructure. Such limitations are estimated to cost Australia about $2 ....Using Mathematics to Maximize the Efficiency of Shared Infrastructure in Australia's Coal Export Supply Chain. Port Waratah Coal Services operates the world's largest coal export terminal, servicing about 14 coal mining companies in the Hunter Valley, NSW. It is responsible for around $15 billion in annual export income for Australia. The coal supply chain is a complex operation, hampered by bottlenecks in critical shared infrastructure. Such limitations are estimated to cost Australia about $2 billion pa in lost sales. This project will support the design of new infrastructure and processes to ensure an efficient supply chain. The new science resulting will benefit other coal operations in Australia, and potentially other bulk goods supply chains.Read moreRead less
Incentivised strategic traffic assignment: bi-level transport optimisation. This project aims to advance the fundamental knowledge base and methodological modelling capacity related to traffic network assignment representing complex incentive structures such as network pricing, behavioural shift inducement, dynamic speed control and information-provision. Expected outcomes include new equilibrium formulations characterising traveller responses to, and interactions with, incentive structures whil ....Incentivised strategic traffic assignment: bi-level transport optimisation. This project aims to advance the fundamental knowledge base and methodological modelling capacity related to traffic network assignment representing complex incentive structures such as network pricing, behavioural shift inducement, dynamic speed control and information-provision. Expected outcomes include new equilibrium formulations characterising traveller responses to, and interactions with, incentive structures while maintaining complex stochastic adaptive behaviours from previous research, new network routing algorithms, and a novel bi-level optimisation approach for seeking optimal incentive policies. The project will provide a scientific basis for the quantified network evaluation of incentivisation strategies that will support enhanced transport planning thereby improving mobility across society.Read moreRead less