Charles River Analytics Continues Efforts in Market-based Optimization with the MDA
Charles River Analytics, a developer of intelligent systems solutions, announces a follow-on contract with the Missile Defense Agency (MDA). In Resource Allocation using Market-Based Optimization, known as RAMBO, Charles River uses economic theory and game theory in a process called market-based optimization to allocate sensors in missile defense.
“The military uses sensors to track missile fire and determine whether it is friendly or hostile,” explained Dan Schrage, a scientist at Charles River. “RAMBO aims to ensure that all the sensors are looking in the right place at the right time so incoming missiles can be detected, classified, and tracked. It provides a system that ensures an optimal allocation of sensors and resources.”
Global Anti-Ship Missile Defence System Market 2016-2020
RAMBO builds on several contracts Charles River has developed focused on market-based optimization through contracts with the MDA. Sensor Network Optimization using Multi-Agent Negotiation (SNOMAN) and Arbitrage Look-ahead Agents for Market-based Optimization (ALAMO) optimally allocate sensors in real-time to protect against threats in the battlespace. In the Simulation Optimization Engine (SIMON), Charles River developed a strategic planning decision-support tool that automates exploration of possible decision options through a combination of simulation and optimization.
Source : Charles River Analytics