This question might seem subjective, but I ask because there is some precedent on this site.
I and my colleagues have always pronounced the name of this optimizer as "bobby cue ay" (which also gives it a nice friendly touch). However, when we realized what it actually stands for ("Bound Optimization BY Quadratic Approximation") it became clear that the "BY" is not spelling anything out, but is instead a whole word. The pronounciation we've been using hides this fact.
Is "Bobby QA" an accepted pronunciation regardless, or is there some other more widely spread? Which one should I use in public when describing my work (so as to generate the least amount of giggles)?