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: | Bidkhori, Hoda, Simchi-Levi, David, Wei, Yehua |
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Other Authors: | Massachusetts Institute of Technology. Department of Civil and Environmental Engineering |
Format: | Article |
Published: |
Elsevier
2018
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Online Access: | http://hdl.handle.net/1721.1/114882 https://orcid.org/0000-0002-4650-1519 |
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