Search Results - subject:"Stochastic programming"

A multivariate adaptive regression splines cutting plane approach for solving a two-stage stochastic programming fleet assignment model

Pilla, Venkata L.; Rosenberger, Jay M.; Chen, Victoria; … - In: European Journal of Operational Research 216 (2012) 1, pp. 162-171

dispatch to reallocate aircraft closer to the departure of the aircraft. Traditionally, two-stage stochastic programming … leg based on forecasts taken six to twelve weeks prior to departure. Therefore, in this paper, a two-stage stochastic … programming framework has been developed to model the uncertainty in demand, along with the Boeing concept of demand driven …

Persistent link: https://www.econbiz.de/10010574130

Dynamic sampling algorithms for multi-stage stochastic programs with risk aversion

Philpott, A.B.; de Matos, V.L. - In: European Journal of Operational Research 218 (2012) 2, pp. 470-483

We consider the incorporation of a time-consistent coherent risk measure into a multi-stage stochastic programming …

Persistent link: https://www.econbiz.de/10010574172

Algorithm for the Stochastic Generalized Transportation Problem

Anholcer, Marcin - In: Operations Research and Decisions 22 (2012)

The Equalization method for the Stochastic Generalized Transportation Problem is presented. The algorithm allows to find the optimal solution to the problem of minimizing the expected total cost in the Generalized Transportation Problem with random demand. It is shown that the method is...

Persistent link: https://www.econbiz.de/10010682923

Medium-term Planning for Thermal Electricity Production.

Kovacevic, Raimund M.; Paraschiv, Florentina - School of Finance, Universität St. Gallen - 2012

In the present paper we demonstrate a mid-term planning model for thermal power generation which is based on multistage stochastic optimization and involves stochastic electricity spot prices, mixture of fuels with stochastic prices, the effect of CO2 emission prices and various types of further...

Persistent link: https://www.econbiz.de/10010687542

Optimal offering strategy for a concentrating solar power plant

Dominguez, R.; Baringo, L.; Conejo, A.J. - In: Applied Energy 98 (2012) C, pp. 316-325

This paper provides a methodology to build offering curves for a concentrating solar power plant. This methodology takes into account the uncertainty in the thermal production from the solar field and the volatility of market prices. The solar plant owner is a price-taker producer that...

Persistent link: https://www.econbiz.de/10010702535

Risk constrained self-scheduling of hydro/wind units for short term electricity markets considering intermittency and uncertainty

Moghimi Ghadikolaei, Hadi; Ahmadi, Abdollah; Aghaei, Jamshid - In: Renewable and Sustainable Energy Reviews 16 (2012) 7, pp. 4734-4743

In view of the intermittency and uncertainty associated with both the electricity production sector of restructured power system and their competitive markets, it is necessary to develop an appropriate risk managing scheme. So that it is desirable to trade-off between optimum utilization of...

Persistent link: https://www.econbiz.de/10010664575

Shelter location and transportation planning under hurricane conditions

Li, Anna C.Y.; Nozick, Linda; Xu, Ningxiong; Davidson, … - In: Transportation Research Part E: Logistics and … 48 (2012) 4, pp. 715-729

This paper develops a scenario-based bilevel programming model to optimize the selection of shelter locations with explicit consideration of a range of possible hurricane events and the evacuation needs under each of those events. A realistic case study for the state of North Carolina is...

Persistent link: https://www.econbiz.de/10010755115

Bioethanol supply chain system planning under supply and demand uncertainties

Chen, Chien-Wei; Fan, Yueyue - In: Transportation Research Part E: Logistics and … 48 (2012) 1, pp. 150-164

A mixed integer stochastic programming model is established to support strategic planning of bioenergy supply chain … systems and optimal feedstock resource allocation in an uncertain decision environment. The two-stage stochastic programming …

Persistent link: https://www.econbiz.de/10010755147

Managing the financial risks of electricity producers using options

Pineda, Salva; Conejo, Antonio J. - In: Energy economics 34 (2012) 6, pp. 2216-2227

Persistent link: https://www.econbiz.de/10009688763

Climate mitigation under an uncertain technology future : A TIAM-World analysis

Labriet, Maryse; Kanudia, Amit; Loulou, Richard - In: Energy economics 34 (2012), pp. 366-377

Persistent link: https://www.econbiz.de/10009693603