Uncertainty and Modeling Issues
In the previous chapter, we gave several examples of stochastic programming models. These formulations fit into different categories of stochastic programs in terms of the characteristics of the model. This chapter presents those basic characteristics by describing the fundamentals of any modeling effort and some of the standard forms detailed in later chapters.
KeywordsRisk Aversion Stochastic Program Selling Price Probabilistic Constraint Downside Risk
Unable to display preview. Download preview PDF.