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612-822-4611
An Accelerated Solution Method for Two-Stage Stochastic Models in Disaster Management

An Accelerated Solution Method for Two-Stage Stochastic Models in Disaster Management

Paperback

Series: Mathematische Optimierung Und Wirtschaftsmathematik Mathematical Optimization and Economathematics

Business GeneralCalculusGeneral Mathematics

ISBN10: 3658240806
ISBN13: 9783658240806
Publisher: Springer Spektrum
Published: Nov 13 2018
Pages: 155
Weight: 0.48
Height: 0.38 Width: 5.83 Depth: 8.27
Language: English
Emilia Gra develops a solution method which can provide fast and near-optimal solutions to realistic large-scale two-stage stochastic problems in disaster management. The author proposes a specialized interior-point method to accelerate the standard L-shaped algorithm. She shows that the newly developed solution method solves two realistic large-scale case studies for the hurricane prone Gulf and Atlantic coast faster than the standard L-shaped method and a commercial solver. The accelerated solution method enables relief organizations to employ appropriate preparation measures even in the case of short-term disaster warnings.

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