
Accession Number : AD0639810
Title : CHANCECONSTRAINED PROGRAMMING WITH 01 OR BOUNDED DECISION VARIABLES.
Descriptive Note : Technical rept.,
Corporate Author : STANFORD UNIV CALIF DEPT OF STATISTICS
Personal Author(s) : Hillier,Frederick S.
Report Date : 26 AUG 1966
Pagination or Media Count : 48
Abstract : The paper considers the chanceconstrained programming problem where the decision variables can be either bounded and continuous or restricted to be either zero or one, and where some or all of the elements of A, b, and c are random variables that may be statistically dependent. Both exact and approximate solution procedures are presented, where most of these are based on several linear inequalities that permit this problem to be approximated by a number of ordinary (integer or noninteger) linear programming problems. Either zeroorder or linear decision rules are allowed for the continuous variables, and a general method of making 'secondstage decisions' with either continuous or 01 variables is developed. (Author)
Descriptors : (*LINEAR PROGRAMMING, UNCERTAINTY), (*DECISION THEORY, LINEAR PROGRAMMING), STOCHASTIC PROCESSES
Subject Categories : Operations Research
Distribution Statement : APPROVED FOR PUBLIC RELEASE