Stochastic batch-sizing problems:Models and algorithms

Lulli, Guglielmo and Sen, Suvrajeet (2003) Stochastic batch-sizing problems:Models and algorithms. Operations Research/ Computer Science Interfaces Series, 22. pp. 85-103. ISSN 1387-666X

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In this paper we study the stochastic batch sizing problems. We provide a unifying treatment of the problem, in which we formulate a multi-stage recourse problem as well as a probabilistically constrained problem. The solution approach that we adopt for these problems may be classified as a branch and price (B&P) method. Through our computational experiments turns out that the proposed B&P methodology is quite effective for the recourse constrained model. We also demonstrate how tradeoffs between cost and reliability can be investigated for the stochastic batch-sizing problem.

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Journal Article
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Operations Research/ Computer Science Interfaces Series
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05 Nov 2018 13:30
Last Modified:
22 Nov 2022 06:39