Introduction and Examples
This chapter presents stochastic programming examples from a variety of areas with wide application. These examples are intended to help the reader build intuition on how to model uncertainty. They also reflect different structural aspects of the problems. In particular, we show the variety of stochastic programming models in terms of the objectives of the decision process, the constraints on those decisions, and their relationships to the random elements.
KeywordsSugar Beet Stochastic Program Probabilistic Constraint Capacity Expansion Stochastic Programming Model
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