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Modeling with Stochastic Programming Alan J. King

Modeling with Stochastic Programming By Alan J. King

Modeling with Stochastic Programming by Alan J. King


Summary

While there are several texts on how to solve and analyze stochastic programs, this is the first text to address basic questions about how to model uncertainty, and how to reformulate a deterministic model so that it can be analyzed in a stochastic setting.

Modeling with Stochastic Programming Summary

Modeling with Stochastic Programming by Alan J. King

While there are several texts on how to solve and analyze stochastic programs, this is the first text to address basic questions about how to model uncertainty, and how to reformulate a deterministic model so that it can be analyzed in a stochastic setting. This text would be suitable as a stand-alone or supplement for a second course in OR/MS or in optimization-oriented engineering disciplines where the instructor wants to explain where models come from and what the fundamental issues are. The book is easy-to-read, highly illustrated with lots of examples and discussions. It will be suitable for graduate students and researchers working in operations research, mathematics, engineering and related departments where there is interest in learning how to model uncertainty. Alan King is a Research Staff Member at IBM's Thomas J. Watson Research Center in New York. Stein W. Wallace is a Professor of Operational Research at Lancaster University Management School in England.

Modeling with Stochastic Programming Reviews

From the reviews:

It is the first book that systematically tries to answer the questions about modeling under uncertainty . The book is written in a very readable style . An experienced researcher who is already familiar with optimization under uncertainty will benefit from reading this book . (Laura Galli, Interfaces, Vol. 43 (5), September-October, 2013)

The book is intended as a textbook for graduate students and researchers interested in decision making under uncertainty. It is expected that the book will also be suitable for teaching some operations research courses for undergraduates. this textbook can indeed be very useful for mathematics students as a methodological guide to the applications of stochastic programming methods. The structure of the textbook is well adapted to teaching purposes. (A. H. Zilinskas, Mathematical Reviews, January, 2013)

Table of Contents

Uncertainty in Optimization.-Modeling Feasibility and Dynamics.-Modeling the Objective Function.- Scenario tree generation, With Michal Kaut.-Service network design, With Arnt-Gunnar Lium and Teodor Gabriel Crainic.- A multi-dimensional newsboy problem with substitution, With Hajnalka Vaagen.- Stochastic Discount Factors.- Long Lead Time Production, With Aliza Heching.- References.- Index

Additional information

GOR007468592
9780387878164
0387878165
Modeling with Stochastic Programming by Alan J. King
Used - Very Good
Hardback
Springer-Verlag New York Inc.
2012-06-19
176
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Modeling with Stochastic Programming