GAMS

GAMS

GAMS (General Algebraic Modeling System) is an advanced programming language designed for mathematical programming and optimization. It allows complex optimization models to be built from algebraic statements and solved efficiently.
GAMS image
optimization mathematical-modeling algebraic-modeling

GAMS: Advanced Mathematical Programming Language

GAMS (General Algebraic Modeling System) for mathematical modeling, optimization, and simulation of complex systems.

What is GAMS?

GAMS (General Algebraic Modeling System) is a high-level modeling system for mathematical optimization. It allows users to build large, complex models by using straightforward algebraic statements, without having to write complicated mathematical programming code.

Some key features of GAMS include:

  • Flexible modeling language that resembles normal algebraic notation
  • Powerful IDE (integrated development environment) for writing, debugging, and organizing models
  • Ability to call specialized external solvers like CPLEX, GUROBI, CONOPT, etc. to efficiently solve models
  • Support for all major problem classes including linear, nonlinear, mixed integer, stochastic, and complementarity models
  • Platform independence allowing models to be easily ported across Windows, Linux, Mac, etc.
  • Scripting capabilities to automate workflows and processes
  • Large library of existing model templates and examples for reuse

GAMS is used across diverse industries like finance, energy, manufacturing, logistics and transportation for applications like asset and portfolio optimization, production planning, scheduling, network design, policy analysis, and more. With its unique flexibility and modeling power, GAMS enables both prototype modeling and deployment of optimization systems in business environments.

GAMS Features

Features

  1. High-level modeling language
  2. Solver-independent
  3. Large library of built-in functions and modeling capabilities
  4. Interfaces to many optimization solvers
  5. Scaleable to large, complex models
  6. Can call external programs and languages

Pricing

  • Subscription-Based

Pros

Very flexible and versatile for modeling optimization problems

Allows rapid prototyping and testing of models

Many solvers available to handle different problem types

Can handle very large, complex models

Cons

Steep learning curve

Not open source

Expensive licensing costs

Limited visualization and reporting capabilities


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