Robust Optimization Methods: Insights from Aircraft Routing and Other Applications
Event details
| Date | 13.08.2009 |
| Hour | 11:15 |
| Speaker | Lavanya Marla, Phd at MIT, Boston, USA |
| Location |
GC B3 424
|
| Category | Conferences - Seminars |
In this work, we consider large-scale resource allocation problems under uncertainty. Inherent real-world uncertainty guarantees that deterministic optimal solutions are rarely, if ever, executed. By proactively modelling uncertainty, robust methods attempt to generate solutions that are less vulnerable to uncertainty. We will examine the application of robust methods such as the Bertsimas and Sim approach and Chance-Constrained Programming, which represent two different paradigms: worst-case and probabilistic modeling. We discuss differences in models and solutions generated by these approaches, and propose extensions to these models that overcome some crucial limitations.
Links
Practical information
- General public
- Free
Contact
- Marianne Ruegg