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Stochastic Programming Methods and Technical Applications: Proceedings of the 3rd Gamm/Ifip-Workshop on "Stochastic Optimization: Numerical Methods an

Stochastic Programming Methods and Technical Applications: Proceedings of the 3rd Gamm/Ifip-Workshop on "Stochastic Optimization: Numerical Methods an

Paperback

Series: Lecture Notes in Economic and Mathematical Systems, Book 458

EconomicsGeneral GardeningGeneral Mathematics

ISBN10: 3540639241
ISBN13: 9783540639244
Publisher: Springer
Published: Mar 18 1998
Pages: 437
Weight: 1.37
Height: 0.91 Width: 6.14 Depth: 9.21
Language: English
Optimization problems arising in practice usually contain several random parameters. Hence, in order to obtain optimal solutions being robust with respect to random parameter variations, the mostly available statistical information about the random parameters should be considered already at the planning phase. The original problem with random parameters must be replaced by an appropriate deterministic substitute problem, and efficient numerical solution or approximation techniques have to be developed for those problems. This proceedings volume contains a selection of papers on modelling techniques, approximation methods, numerical solution procedures for stochastic optimization problems and applications to the reliability-based optimization of concrete technical or economic systems.

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