In this paper, we describe a new method to solve Linear Programming (LP) problems which have uncertain right-hand-sides. We apply this to planning problems where a rolling planning horizon is used and where robustness is important. In particular, we are interested in applications where the...

The time and space assembly line balancing problem (TSALBP) is a realistic multiobjective version of assembly line balancing industrial problems involving the joint optimization of conflicting criteria such as the cycle time, the number of stations, and the area of these stations. However, the...

This paper contributes to classification and identification in modern finance through advanced optimization. In the last few decades, financial misalignments and, thereby, financial crises have been increasing in numbers due to the rearrangement of the financial world. In this study, as one of...

Stochastic programming is widely applied in financial decision problems. In particular, when we need to carry out the actual calculations for portfolio selection problems, we have to assign a value for each expected return and the associated conditional probability in advance. These estimated...