Stochastic Linear Programming (Ökonometrie und Unternehmensforschung Econometrics and Operations Research)

Peter Kall

ISBN 10: 3540074910 / ISBN 13: 9783540074915

Editore: Springer, 1976

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Springer Verlag; New York, 1976. Hardcover. A Very Good, binding sturdy and intact, spine fade, bumped bottom board corners, mild spine edge wear, bit of age toning to pages, some rubbing to board and spine edges, without Dust wrapper. A nice, clean and unmarked copy. 8vo[octavo or approx. 6 x 9 inches], 95pp., references, indexed. We pack securely and ship daily with delivery confirmation on every book. The picture on the listing page is of the actual book for sale. Additional Scan(s) are available for any item, please inquire.Please note: Oversized books/sets MAY require additional postage then what is quoted for 2.2lb book.

Codice articolo SKU1037216

Dati bibliografici

• Titolo: Stochastic Linear Programming (Ökonometrie und Unternehmensforschung Econometrics and Operations Research)
• Editore: Springer
• Data di pubblicazione: 1976
• Lingua: Inglese
• ISBN 10: 3540074910
• ISBN 13: 9783540074915
• Rilegatura: hardcover
• Condizione: Very Good
• Cataloghi dei venditori:
  • Math Text Books

Descrizione articolo

Riassunto

Todaymanyeconomists, engineers and mathematicians are familiar with linear programming and are able to apply it. This is owing to the following facts: during the last 25 years efficient methods have been developed; at the same time sufficient computer capacity became available; finally, in many different fields, linear programs have turned out to be appropriate models for solving practical problems. However, to apply the theory and the methods of linear programming, it is required that the data determining a linear program be fixed known numbers. This condition is not fulfilled in many practical situations, e. g. when the data are demands, technological coefficients, available capacities, cost rates and so on. It may happen that such data are random variables. In this case, it seems to be common practice to replace these random variables by their mean values and solve the resulting linear program. By 1960 various authors had already recog­ nized that this approach is unsound: between 1955 and 1960 there were such papers as "Linear Programming under Uncertainty", "Stochastic Linear Pro­ gramming with Applications to Agricultural Economics", "Chance Constrained Programming", "Inequalities for Stochastic Linear Programming Problems" and "An Approach to Linear Programming under Uncertainty".