Two-stage risk-averse stochastic programming approach for multi-item single source ordering problem: CVaR minimisation with transportation cost.
Elham TaghizadehSaravanan VenkatachalamPublished in: Int. J. Prod. Res. (2023)
Keyphrases
- risk averse
- single source
- stochastic programming
- multi item
- lot sizing
- multistage
- risk neutral
- robust optimization
- linear program
- shortest path problem
- production planning
- production cost
- linear programming
- optimal policy
- planning horizon
- setup cost
- probabilistic model
- decision making
- utility function
- decision makers
- lost sales
- dynamic programming
- evolutionary algorithm