The latest version of CPLEX, version 12.7, supports Benders decomposition. Benders decomposition is an approach to solve mathematical programming problems with a decomposable structure, including stochastic programming (SP) problems (it is also known as the L-shaped method). Computational results by IBM, see this slide show
by Xavier Nodet, show that Benders decomposition is faster than traditional branch-and-cut for 5% of their nontrivial MIP models. That number might not seem impressive but for certain type of MIP problems Benders decomposition is much faster than other methods.
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