This book is about modeling stochastic programs - models solved by optimization technology, whose solutions perform well under uncertainty. Major parts of the book are critical discussions about what different modeling paradigms actually mean and what they imply about the choices under consideration. Understanding why stochastic programs are needed, being able to formulate them, and finally, finding out what it is that makes solutions robust, can help find good solutions without actually solving the stochastic programs. Therefore, this book is much more than a book on how to build...
This book is about modeling stochastic programs - models solved by optimization technology, whose solutions perform well under uncertainty. Major p...