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Showing 1 to 1 of 1 for “"stochastic order relations"”.
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Managing Uncertainty in Capacity Investment, Revenue Management, and Supply Chain Coordination
… and as such, are all modeled as two-stage stochastic programming problems. In the first stage, a set of decisions are made under uncertainty so as to maximize the expected profit or utility. Then in the second stage, all uncertainty is resolved and a deterministic optimization problem is …