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Stochastic Decomposition

Stochastic Decomposition

A Statistical Method for Large Scale Stochastic Linear Programming

by Julia L. Higle and S. Sen
Paperback
Publication Date: 22/11/2013
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Motivation Stochastic Linear Programming with recourse represents one of the more widely applicable models for incorporating uncertainty within in which the SLP optimization models. There are several arenas model is appropriate, and such models have found applications in air line yield management, capacity planning, electric power generation planning, financial planning, logistics, telecommunications network planning, and many more. In some of these applications, modelers represent uncertainty in terms of only a few seenarios and formulate a large scale linear program which is then solved using LP software. However, there are many applications, such as the telecommunications planning problem discussed in this book, where a handful of seenarios do not capture variability well enough to provide a reasonable model of the actual decision-making problem. Problems of this type easily exceed the capabilities of LP software by several orders of magnitude. Their solution requires the use of algorithmic methods that exploit the structure of the SLP model in a manner that will accommodate large scale applications.
ISBN:
9781461368458
9781461368458
Category:
Optimization
Format:
Paperback
Publication Date:
22-11-2013
Publisher:
Springer-Verlag New York Inc.
Country of origin:
United States
Pages:
222
Dimensions (mm):
235x155x13mm
Weight:
0.38kg

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