Material Balances under Uncertainty

Material planning for production kits under uncertainty

A kit is a specific collection of components and/or tools needed for completing a procedure or producing a product. A multiperiod material planning system for production kits under the demand and procurement lead-time uncertainty is considered when component sharing among kits is plausible. Simulation experiments show that component sharing improves the system’s service measure of average kit a...

Optimization under Uncertainty Optimization Under Uncertainty: An Overview

Optimization under Uncertainty Optimization under Uncertainty: An Overview Urmila Diwekar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Two-Stage Stochastic Linear Programming: A Tutorial Vicente Rico-Ramirez . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Combinatorial Optimization under Uncertainty Ki-Joo Kim . . . . . . . . . . . . . . . . . . . . . . . . . . ...

Researching Under Uncertainty 1 Design Rationale : Researching Under Uncertainty

Rationale research in software development is a challenging area because while there is no shortage of advocates for its value, there is also no shortage of reasons for why rationale is unlikely to be captured in practice. Despite more than thirty years of research there still remains much uncertainty—how useful are the potential benefits and how insurmountable are the barriers? Will the value ...

Strategic Technology Adoption under Technological Uncertainty

Robustness-based portfolio optimization under epistemic uncertainty

In this paper, we propose formulations and algorithms for robust portfolio optimization under both aleatory uncertainty (i.e., natural variability) and epistemic uncertainty (i.e., imprecise probabilistic information) arising from interval data. Epistemic uncertainty is represented using two approaches: (1) moment bounding approach and (2) likelihood-based approach. This paper first proposes a ...