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Vieweg+Teubner Verlag A Scenario Tree-Based Decomposition for Solving Multistage Stochastic Programs: With Application in Energy Production

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Description

Optimization problems involving uncertain data arise in many areas of industrial and economic applications. Stochastic programming provides a useful framework for modeling and solving optimization problems for which a probability distribution of the unknown parameters is available. Motivated by practical optimization problems occurring in energy systems with regenerative energy supply, Debora Mahlke formulates and analyzes multistage stochastic mixed-integer models. For their solution, the author proposes a novel decomposition approach which relies on the concept of splitting the underlying scenario tree into subtrees. Based on the formulated models from energy production, the algorithm is computationally investigated and the numerical results are discussed.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
27 October 2010
Listed Since
29 June 2010

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