Robust Target Achievement for Decision-Making with Application to Workforce-Inventory Planning. In proceedings of the 5th Multidisciplinary International Conference on Scheduling : Theory and Applications (MISTA 2011), 9-11 August 2011, Phoenix, Arizona, USA, pages 394-407, 2011.
Paper
In this work, we propose a decision-making approach that evaluates the quality of a solution’s ability to achieve targets under uncertainty. To this end, we develop a mathematical programming model that is computationally efficient and effective in hedging against uncertainties when limited information on the uncertainties are known. Our research synthesizes recent developments in robust optimization technology and the target-oriented behavior of decision agents. A numerical case study involving a workforce-inventory planning system demonstrates significant improvements of the proposed solution in achieving targets under uncertainty.
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@INPROCEEDINGS{2011-394-407-P, author = {T. S. A. Ng and C. L. Sy},
title = {Robust Target Achievement for Decision-Making with Application to Workforce-Inventory Planning},
booktitle = {In proceedings of the 5th Multidisciplinary International Conference on Scheduling : Theory and Applications (MISTA 2011), 9-11 August 2011, Phoenix, Arizona, USA},
year = {2011},
editor = {J. Fowler and G. Kendall and B. McCollum},
pages = {394--407},
note = {Paper},
abstract = {In this work, we propose a decision-making approach that evaluates the quality of a solution’s ability to achieve targets under uncertainty. To this end, we develop a mathematical programming model that is computationally efficient and effective in hedging against uncertainties when limited information on the uncertainties are known. Our research synthesizes recent developments in robust optimization technology and the target-oriented behavior of decision agents. A numerical case study involving a workforce-inventory planning system demonstrates significant improvements of the proposed solution in achieving targets under uncertainty.},
owner = {gxk},
timestamp = {2011.08.15},
webpdf = {2011-394-407-P.pdf} }