Modeling with Stochastic Programming

Author:   Alan J. King ,  Stein W. Wallace
Publisher:   Springer International Publishing AG
Edition:   2nd ed. 2024
ISBN:  

9783031545498


Pages:   202
Publication Date:   01 June 2024
Format:   Hardback
Availability:   Not yet available   Availability explained
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Modeling with Stochastic Programming


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Overview

This is an updated version of what is still the only text to address basic questions about how to model uncertainty in mathematical programming, including how to reformulate a deterministic model so that it can be analyzed in a stochastic setting. This second edition has important extensions regarding  how to represent random phenomena in the models (also called scenario generation) as well as a new chapter on multi-stage models. This text would be suitable as a stand-alone or supplement for a second course in OR/MS or in optimization-oriented engineering disciplines where the instructor wants to explain where models come from and what the fundamental modeling issues are.  The book is easy-to-read, highly illustrated with lots of examples and discussions. It will be suitable for graduate students and researchers working in operations research, mathematics, engineering and related departments where there is interest in learning how to model uncertainty. Alan King is a Research Staff Member at IBM's Thomas J. Watson Research Center in New York. Stein W. Wallace is a Professor of Operational Research and head of Center for Shipping and Logistics at NHH Norwegian School of Economics, Bergen, Norway.

Full Product Details

Author:   Alan J. King ,  Stein W. Wallace
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   2nd ed. 2024
ISBN:  

9783031545498


ISBN 10:   3031545494
Pages:   202
Publication Date:   01 June 2024
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Table of Contents

Uncertainty in Optimization.- Information Structures and Feasibility.- Modeling the Objective Function.- Scenario Tree Generation, With Michal Kaut and Jamie Fairbrother.- High-Dimentional Dependent Randomness. With Zhaoxia Guo and Michal Kaut.- Service Network Design, With Arnt-Gunnar Lium and Teodor Gabriel Crainic.- A Multi-dimensional Newsboy Problem with Substitution, With Hajnalka Vaagen.- References.- Index.

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Author Information

Alan King is a Research Staff Member at IBM's Thomas J. Watson Research Center in New York.Stein W. Wallace is a Professor of Operational Research and head of Center for Shipping and Logistics at NHH Norwegian School of Economics, Bergen, Norway.

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