Robust Discrete Optimization and Its Applications formatIsbn:Softcover - 9781441947642 natural disasters and product scandals

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Robust Discrete Optimization and Its Applications formatIsbn:Softcover - 9781441947642 natural disasters and product scandalsThis book deals with decision making in environments of significant data un certainty, with particular emphasis on operations and production management applications. For such environments, we suggest the use of the robustness ap proach to decision making, which assumes inadequate knowledge of the decision maker about the random state of nature and develops a decision that hedges against the worst contingency that may arise. The main motivating factors