Stochastic Optimization

Mehr zum Buch

This volume features a selection of papers from the GAMM/IFIP Workshop on Stochastic Optimization: Numerical Methods and Technical Applications, held at the Federal Armed Forces University Munich from May 29-31, 1990. The workshop aimed to unite scientists from Stochastic Programming and various engineering disciplines where Mathematical Programming models are commonly used, such as optimal structural design, power dispatch, and acid rain abatement. The discussions focused on the impact of incorporating inherent randomness in data, advocating for Stochastic Programming over traditional Mathematical Programming models to achieve more reliable solutions without increased costs. An international program committee was formed, including members from Germany, Switzerland, Hungary, and Austria. Despite a limited number of participants for technical reasons, the workshop covered a wide range of topics. The lectures provided theoretical insights into stochastic programming, introduced new computational methods, analyzed existing solution techniques, and explored applications across diverse fields, including ecology and energy demands. Additionally, the presentations highlighted several unresolved methodological challenges.