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Planning for a Big Bang in a Supply Chain: Fast Hedging for Production Indicators
Kauai, Hawaii January 04-January 07
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/HICSS.2006.380Proceedings of the 39th Annual Hawaii ...
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David L. Woodruff, University of California at Davis
Stefan Vo?, University of Hamburg
We concern ourselves with the process of making optimized production planning decisions in the face of low frequency, high impact uncertainty, which takes the form of a small number of discrete scenarios. Computational results provide evidence that the computational effort for the full stochastic mixed integer problem can be reduced by first solving scenario sub-problems and then blending them to find values for some of the binary variables.
Citation:
David L. Woodruff, Stefan Vo?, "Planning for a Big Bang in a Supply Chain: Fast Hedging for Production Indicators," hicss, vol. 2, pp.40c, Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06) Track 2, 2006
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