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Applications of Stochastic Programming (Paperback)
Loot Price: R2,321
Discovery Miles 23 210
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Applications of Stochastic Programming (Paperback)
Series: MOS-SIAM Series on Optimization, No. 5
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Research on algorithms and applications of stochastic programming,
the study of procedures for decision making under uncertainty over
time, has been very active in recent years and deserves to be more
widely known. This is the first book devoted to the full scale of
applications of stochastic programming and also the first to
provide access to publicly available algorithmic systems. The 32
contributed papers in this volume are written by leading stochastic
programming specialists and reflect the high level of activity in
recent years in research on algorithms and applications. The book
introduces the power of stochastic programming to a wider audience
and demonstrates the application areas where this approach is
superior to other modeling approaches. Applications of Stochastic
Programming consists of two parts. The first part presents papers
describing publicly available stochastic programming systems that
are currently operational. All the codes have been extensively
tested and developed and will appeal to researchers and developers
who want to make models without extensive programming and other
implementation costs. The codes are a synopsis of the best systems
available, with the requirement that they be user-friendly, ready
to go, and publicly available. The second part of the book is a
diverse collection of application papers in areas such as
production, supply chain and scheduling, gaming, environmental and
pollution control, financial modeling, telecommunications, and
electricity. It contains the most complete collection of real
applications using stochastic programming available in the
literature. The papers show how leading researchers choose to treat
randomness when making planning models, with an emphasis on
modeling, data, and solution approaches.
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