Analyzing process flexibility: A distribution-free approach with partial expectations

We develop a distribution-free model to evaluate the performance of process flexibility structures when only the mean and partial expectation of the demand are known. We characterize the worst-case demand distribution under general concave objective functions, and apply it to derive tight lower boun...

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Bibliographic Details
Main Authors: Bidkhori, Hoda (Author), Simchi-Levi, David (Contributor), Wei, Yehua (Author)
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering (Contributor)
Format: Article
Language:English
Published: Elsevier, 2018-04-23T17:42:18Z.
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