Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Stochastic batch-sizing problems
T2 - Models and algorithms
AU - Lulli, Guglielmo
AU - Sen, Suvrajeet
PY - 2003/12/1
Y1 - 2003/12/1
N2 - In this paper we study the stochastic batch sizing problems. We provide a unifying treatment of the problem, in which we formulate a multi-stage recourse problem as well as a probabilistically constrained problem. The solution approach that we adopt for these problems may be classified as a branch and price (B&P) method. Through our computational experiments turns out that the proposed B&P methodology is quite effective for the recourse constrained model. We also demonstrate how tradeoffs between cost and reliability can be investigated for the stochastic batch-sizing problem.
AB - In this paper we study the stochastic batch sizing problems. We provide a unifying treatment of the problem, in which we formulate a multi-stage recourse problem as well as a probabilistically constrained problem. The solution approach that we adopt for these problems may be classified as a branch and price (B&P) method. Through our computational experiments turns out that the proposed B&P methodology is quite effective for the recourse constrained model. We also demonstrate how tradeoffs between cost and reliability can be investigated for the stochastic batch-sizing problem.
KW - Branchand-price algorithm
KW - Probabilistic constraints
KW - Stochastic batch-sizing problem
M3 - Journal article
AN - SCOPUS:84888770964
VL - 22
SP - 85
EP - 103
JO - Operations Research/ Computer Science Interfaces Series
JF - Operations Research/ Computer Science Interfaces Series
SN - 1387-666X
ER -