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
Full text not available from this repository.Abstract
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.