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...
Main Authors: | , , |
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Elsevier,
2018-04-23T17:42:18Z.
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Subjects: | |
Online Access: | Get fulltext |