DocumentCode
2610109
Title
Stochastics in discrete logistics models: What can we do?
Author
Wallace, Stein W. ; Kaut, Michal ; Crainic, Teodor Gabriel ; Lium, Arnt-Gunnar
Author_Institution
Molde Univ. Coll., Molde
fYear
2007
fDate
2-4 Dec. 2007
Firstpage
895
Lastpage
897
Abstract
A large number of logistics problems involve integer programming. Adding stochastics to such a problem seems computationally prohibitive. On the other hand, in most cases, stochastics is an integral part of the underlying problem. And more importantly, without adding stochastics explicitly, we may lose important aspects of the solution we are searching for. In this presentation we give a new approach to such problems, and apply the approach to service network design.
Keywords
integer programming; logistics; stochastic processes; discrete logistics models; integer programming; service network design; stochastics; Costs; Educational institutions; Electric shock; Investments; Linear programming; Logistics; Robustness; Software standards; Stochastic processes; Vocabulary; Stochastic integer programming; flexibility; options; robustness;
fLanguage
English
Publisher
ieee
Conference_Titel
Industrial Engineering and Engineering Management, 2007 IEEE International Conference on
Conference_Location
Singapore
Print_ISBN
978-1-4244-1529-8
Electronic_ISBN
978-1-4244-1529-8
Type
conf
DOI
10.1109/IEEM.2007.4419320
Filename
4419320
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