Control and OptimizationManagement Science and Operations ResearchComputer Science ApplicationsApplied MathematicsBusiness, Management and Accounting (miscellaneous)
AbstractThis paper addresses the solution of bound-constrained optimization problems using algorithms that require only the availability of objective function values but no derivative information. We refer to these algorithms as derivative-free algorithms. Fueled by a growing number of applications in science and engineering, the development of derivative-free opti...... hiện toàn bộ
This paper addresses a multi-period investment model for capacity expansion in an uncertain environment. Using a scenario tree approach to model the evolution of uncertain demand and cost parameters, and fixed-charge cost functions to model the economies of scale in expansion costs, we develop a multi-stage stochastic integer programming formulation for the problem. A reformulation of the problem ...... hiện toàn bộ