"This third edition covers optimization problems involving uncertain parameters, for which stochastic models are available"--

Optimization problems involving stochastic models occur in almost all areas of science and engineering, such as telecommunications, medicine, and finance. Their

This rapidly developing field encompasses many disciplines including operations research, mathematics, and probability. Conversely, it is being applied in a wid

This book is about making decisions driven by experience. In this context, a scenario is an observation that comes from the environment, and scenario optimizati

An Introduction to Stochastic Modeling provides information pertinent to the standard concepts and methods of stochastic modeling. This book presents the rich d