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Optimization Under Stochastic Uncertainty: Methods, Control and Random Search Methods

Optimization Under Stochastic Uncertainty: Methods, Control and Random Search Methods

Paperback

Series: International Operations Research & Management Science, Book 296

Business GeneralGeneral ComputersProbability & Statistics

ISBN10: 3030556646
ISBN13: 9783030556648
Publisher: Springer
Published: Nov 11 2021
Pages: 393
Weight: 1.25
Height: 0.84 Width: 6.14 Depth: 9.21
Language: English

This book examines application and methods to incorporating stochastic parameter variations into the optimization process to decrease expense in corrective measures. Basic types of deterministic substitute problems occurring mostly in practice involve i) minimization of the expected primary costs subject to expected recourse cost constraints (reliability constraints) and remaining deterministic constraints, e.g. box constraints, as well as ii) minimization of the expected total costs (costs of construction, design, recourse costs, etc.) subject to the remaining deterministic constraints.

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Marti, Kurt

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Business General