Identifying the Best System in the Presense of Stochastic Constraints with Varying Thresholds

Author(s):  
Yuwei Zhou ◽  
Sigrun Andradottir ◽  
Seong-Hee Kim
2019 ◽  
pp. 153-164
Author(s):  
Margaret R. MacEachern

Author(s):  
Krzysztof Postek ◽  
Aharon Ben-Tal ◽  
Dick den Hertog ◽  
Bertrand Melenberg

2020 ◽  
Vol 54 (4) ◽  
pp. 1119-1132
Author(s):  
Deshabrata Roy Mahapatra ◽  
Shibaji Panda ◽  
Shib Sankar Sana

The objective of the proposed article is to minimize the transportation costs of foods and medicines from different source points to different hospitals by applying stochastic mathematical programming model to a transportation problem in a multi-choice environment containing the parameters in all constraints which follow the Logistic distribution and cost coefficients of objective function are also multiplicative terms of binary variables. Using the stochastic programming approach, the stochastic constraints are converted into an equivalent deterministic one. A transformation technique is introduced to manipulate cost coefficients of objective function involving multi-choice or goals for binary variables with auxiliary constraints. The auxiliary constraints depends upon the consecutive terms of multi-choice type cost coefficient of aspiration levels. A numerical example is presented to illustrate the whole idea.


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