Stochastic optimization in supply chain networks: averaging robust solutions

Abstract We propose a novel robust optimization approach to analyze and optimize the expected performance of supply chain networks. We model uncertainty in the demand at the sink nodes via polyhedral sets which are inspired from the limit laws of probability. We characterize the uncertainty sets by...

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Bibliographic Details
Main Authors: Bertsimas, Dimitris, Youssef, Nataly
Other Authors: Massachusetts Institute of Technology. Operations Research Center
Format: Article
Language:English
Published: Springer Berlin Heidelberg 2021
Online Access:https://hdl.handle.net/1721.1/131385