On wait-and-see stochastic linear programmes: an application and an algorithm
Abstract
This paper develops a computational algorithm for estimating the mean objective function value of
a stochastic linear programming problem of the passive or wait-and-see type. The algorithm is applied
to a problem connected with design of a milk-grid in India and is found to be computationally
effective in that case. It is most likely to be useful in the case of fairly large LP problems with a
few (< 10) stochastic right hand.
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