Production planning of a furniture manufacturing company with random demand and production capacity using stochastic programming. [PDF]
Gómez-Rocha JE +2 more
europepmc +1 more source
Electricity Procurement for Large Consumers with Second Order Stochastic Dominance Constraints
This paper presents a decision making approach for mid-term scheduling of large industrial consumers based on the recently introduced class of Stochastic Dominance (SD)- constrained stochastic programming. In this study, the electricity price in the pool
M. Zarif, M. H. Javidi, S. Ghazizadeh
doaj
Expected Duration of Dynamic Markov PERT Networks
: In this paper , we apply the stochastic dynamic programming to approximate the mean project completion time in dynamic Markov PERT networks. It is assumed that the activity durations are independent random variables with exponential distributions, but ...
A. Azaron, S.M. Fatemi Ghomi
doaj
Microgrids are critical for achieving smart grid objectives, enhancing reliability, resilience, and supplying under‐served areas. However, day‐ahead scheduling of generating resources remains challenging due to uncertainties inherent in renewable energy ...
Ayodele Benjamin Esan +3 more
doaj +1 more source
Optimization of Ecological Water Replenishment Scheme Based on the Interval Fuzzy Two-Stage Stochastic Programming Method: Boluo Lake National Nature Reserve, Jilin Province, China. [PDF]
Yang H, He W, Li Y.
europepmc +1 more source
Optimal Allocation of Water Resources and Eco-Compensation Mechanism Model Based on the Interval-Fuzzy Two-Stage Stochastic Programming Method for Tingjiang River. [PDF]
Hao N +5 more
europepmc +1 more source
A Two-Stage Location Problem with Order Solved Using a Lagrangian Algorithm and Stochastic Programming for a Potential Use in COVID-19 Vaccination Based on Sensor-Related Data. [PDF]
Cabezas X +4 more
europepmc +1 more source
Stochastic Congestion Management Considering Power System Uncertainties
Congestion management in electricity markets is traditionally done using deterministic values of power system parameters considering a fixed network configuration.
M. Esmaili, H. A Shayanfar, N. Amjady
doaj
In this paper, we investigate a backward doubly stochastic recursive optimal control problem wherein the cost function is expressed as the solution to a backward doubly stochastic differential equation.
Yunhong Li +3 more
doaj +1 more source
Lot-Size Models with Uncertain Demand Considering Its Skewness/Kurtosis and Stochastic Programming Applied to Hospital Pharmacy with Sensor-Related COVID-19 Data. [PDF]
Rojas F +3 more
europepmc +1 more source

