On wait - and - see stochastic linear programs: an application and an algorithm
Abstract
This paper develope 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 stochastic right hand side variables.
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