MIP RELAXATIONS IN FACTORABLE PROGRAMMING

In this paper, we develop new discrete relaxations for nonlinear expressions in factorable programming. We utilize specialized convexification results as well as composite relaxations to develop mixed-integer programming relaxations. Our relaxations rely on ideal formulations of convex hulls of outer-functions over a combinatorial structure that captures local inner-function structure. The resulting relaxations often require fewer variables and are tighter than currently prevalent ones. Finally, we provide computational evidence to demonstrate that our relaxations close approximately 60\%--70\% of the gap relative to McCormick relaxations and significantly improve the relaxations used in a state-of-the-art solver on various instances involving polynomial functions.