Analyzing process flexibility: A distribution-free approach with partial expectations
We develop a distribution-free model to evaluate the performance of process flexibility structures when only the mean and partial expectation of the demand are known. We characterize the worst-case demand distribution under general concave objective functions, and apply it to derive tight lower boun...
| Main Authors: | , , |
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| 其他作者: | |
| 格式: | 文件 |
| 出版: |
Elsevier
2018
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| 在线阅读: | http://hdl.handle.net/1721.1/114882 https://orcid.org/0000-0002-4650-1519 |
| _version_ | 1826209407244959744 |
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| author | Bidkhori, Hoda Simchi-Levi, David Wei, Yehua |
| author2 | Massachusetts Institute of Technology. Department of Civil and Environmental Engineering |
| author_facet | Massachusetts Institute of Technology. Department of Civil and Environmental Engineering Bidkhori, Hoda Simchi-Levi, David Wei, Yehua |
| author_sort | Bidkhori, Hoda |
| collection | MIT |
| description | We develop a distribution-free model to evaluate the performance of process flexibility structures when only the mean and partial expectation of the demand are known. We characterize the worst-case demand distribution under general concave objective functions, and apply it to derive tight lower bounds for the performance of chaining structures under the balanced systems (systems with the same number of plants and products). We also derive a simple lower bound for chaining-like structures under unbalanced systems with different plant capacities. Keywords:
Process flexibility; Distributionally-robust analysis; Chaining; Production system design |
| first_indexed | 2024-09-23T14:22:01Z |
| format | Article |
| id | mit-1721.1/114882 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T14:22:01Z |
| publishDate | 2018 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | mit-1721.1/1148822022-09-29T09:00:35Z Analyzing process flexibility: A distribution-free approach with partial expectations Bidkhori, Hoda Simchi-Levi, David Wei, Yehua Massachusetts Institute of Technology. Department of Civil and Environmental Engineering Simchi-Levi, David We develop a distribution-free model to evaluate the performance of process flexibility structures when only the mean and partial expectation of the demand are known. We characterize the worst-case demand distribution under general concave objective functions, and apply it to derive tight lower bounds for the performance of chaining structures under the balanced systems (systems with the same number of plants and products). We also derive a simple lower bound for chaining-like structures under unbalanced systems with different plant capacities. Keywords: Process flexibility; Distributionally-robust analysis; Chaining; Production system design 2018-04-23T17:42:18Z 2018-04-23T17:42:18Z 2016-02 2016-02 2018-04-20T11:27:24Z Article http://purl.org/eprint/type/JournalArticle 0167-6377 http://hdl.handle.net/1721.1/114882 Bidkhori, Hoda et al. “Analyzing Process Flexibility: A Distribution-Free Approach with Partial Expectations.” Operations Research Letters 44, 3 (May 2016): 291–296 © 2016 Elsevier B.V. https://orcid.org/0000-0002-4650-1519 http://dx.doi.org/10.1016/J.ORL.2016.02.008 Operations Research Letters Creative Commons Attribution-NonCommercial-NoDerivs License http://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf Elsevier SSRN |
| spellingShingle | Bidkhori, Hoda Simchi-Levi, David Wei, Yehua Analyzing process flexibility: A distribution-free approach with partial expectations |
| title | Analyzing process flexibility: A distribution-free approach with partial expectations |
| title_full | Analyzing process flexibility: A distribution-free approach with partial expectations |
| title_fullStr | Analyzing process flexibility: A distribution-free approach with partial expectations |
| title_full_unstemmed | Analyzing process flexibility: A distribution-free approach with partial expectations |
| title_short | Analyzing process flexibility: A distribution-free approach with partial expectations |
| title_sort | analyzing process flexibility a distribution free approach with partial expectations |
| url | http://hdl.handle.net/1721.1/114882 https://orcid.org/0000-0002-4650-1519 |
| work_keys_str_mv | AT bidkhorihoda analyzingprocessflexibilityadistributionfreeapproachwithpartialexpectations AT simchilevidavid analyzingprocessflexibilityadistributionfreeapproachwithpartialexpectations AT weiyehua analyzingprocessflexibilityadistributionfreeapproachwithpartialexpectations |