Within the framework of multi-stage mixed-integer linear stochastic programming we develop a short-term production plan for a price-taking hydropower plant operating under uncerta...
Discrete-time optimal control problems arise naturally in many economic problems. Despite the rapid growth in computing power and new developments in the literature, many economic...
Investment in landscapes to achieve outcomes that have multiple environmental benefits has become a major priority in many countries. This gives rise to opportunities for mathemat...
Andrew J. Higgins, Stefan Hajkowicz, Elisabeth N. ...
This paper addresses the problem of minimizing the expected cost of locating a number of single product facilities and allocating uncertain customer demand to these facilities. Th...
We study the viability of different robust optimization approaches to multiperiod portfolio selection. Robust optimization models treat future asset returns as uncertain coefficie...
In many realistic situations, a job processed later consumes more time than the same job when it is processed earlier; this phenomenon is known as deteriorating jobs. However, job...