[LIBRO][B] Multistage stochastic optimization

GC Pflug, A Pichler - 2014 - Springer
The topic of this book is multistage stochastic optimization. Multistage reflects the fact that an
optimal decision is an entire strategy or policy, which is executed during subsequent instants …

Medium-term multi-stage distributionally robust scheduling of hydro–wind–solar complementary systems in electricity markets considering multiple time-scale …

Z Li, P Yang, Y Guo, G Lu - Applied Energy, 2023 - Elsevier
Joint trading of hydro–wind–solar complementary systems (HWSCSs) in the electricity
market (EM) helps to reduce the imbalance cost and increase profits. However, multiple …

On dealing with strategic and tactical decision levels in forestry planning under uncertainty

A Alonso-Ayuso, LF Escudero, M Guignard… - Computers & Operations …, 2020 - Elsevier
A new scheme for dealing with the uncertainty in the scenario trees is considered in the
presence of strategic and tactical stochastic parameters for a dynamic mixed 0–1 …

On risk management of multistage multiscale FLP under uncertainty

LF Escudero, JF Monge - Uncertainty in Facility Location Problems, 2023 - Springer
A tight mixed integer linear programming modeling framework is presented for the
multistage multiscale facility location multiproduct allocation network expansion planning …

[HTML][HTML] On solving large-scale multistage stochastic optimization problems with a new specialized interior-point approach

J Castro, LF Escudero, JF Monge - European Journal of Operational …, 2023 - Elsevier
A novel approach based on a specialized interior-point method (IPM) is presented for
solving large-scale stochastic multistage continuous optimization problems, which represent …

On strategic multistage operational two-stage stochastic 0–1 optimization for the rapid transit network design problem

L Cadarso, LF Escudero, A Marín - European Journal of Operational …, 2018 - Elsevier
Abstract The Rapid Transit Network Design planning problem along a time horizon is treated
by considering uncertainty in passenger demand, strategic costs and network disruption …

On capacity expansion planning under strategic and operational uncertainties based on stochastic dominance risk averse management

LF Escudero, JF Monge - Computational Management Science, 2018 - Springer
A new scheme for dealing with uncertainty in scenario trees is presented for dynamic mixed
0–1 optimization problems with strategic and operational stochastic parameters. Let us …

Bounds in multi-horizon stochastic programs

F Maggioni, E Allevi, A Tomasgard - Annals of Operations Research, 2020 - Springer
In this paper, we present bounds for multi-horizon stochastic optimization problems, a class
of problems introduced in Kaut et al.(Comput Manag Sci 11: 179–193, 2014) relevant in …

A dual-level stochastic fleet size and mix problem for offshore wind farm maintenance operations

M Stålhane, KH Bolstad, M Joshi… - … Information Systems and …, 2021 - Taylor & Francis
This paper studies the strategic problem of finding a cost optimal fleet of vessels to support
maintenance operations at offshore wind farms. A dual-level stochastic model is formulated …

On the number of stages in multistage stochastic programs

G Pantuso, TK Boomsma - Annals of Operations Research, 2020 - Springer
Multistage stochastic programs serve to make sequential decisions conditional on a gradual
realization of some stochastic process. The progressive arrival of new information divides a …