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This paper formed part of a preliminary research report for a risk consultancy and academic research. Stochastic Programming models provide a powerful paradigm for decision making under uncertainty. In these models the uncertainties are…

Computational Finance · Quantitative Finance 2009-04-08 Sovan Mitra

Concentrated Solar Thermal (CST) offers a promising solution for large-scale solar energy utilization as Thermal Energy Storage (TES) enables electricity generation independently of daily solar fluctuations, shifting to high-priced…

Systems and Control · Electrical Eng. & Systems 2024-01-03 Navid Mohammadzadeh , Huy Truong-Ba , Michael E. Cholette , Theodore A. Steinberg , Giampaolo Manzolini

Multistage stochastic programming deals with operational and planning problems that involve a sequence of decisions over time while responding to realizations that are uncertain. Algorithms designed to address multistage stochastic linear…

Optimization and Control · Mathematics 2020-10-26 Harsha Gangammanavar , Suvrajeet Sen

The Dynamic Modified Stochastic p-Median Problem (DMS-p-MP) is an important problem in supply chain network design, as it deals with the optimal location of facilities and the allocation of demand in a dynamic and uncertain environment. In…

Optimization and Control · Mathematics 2023-01-30 Amir Hossein Sadeghi , Ziyuan Sun , Amirreza Sahebi Fakhrabad , Hamid Arzani , Robert B. Handfield

Smart metering infrastructure allows for two-way communication and power transfer. Based on this promising technology, we propose a demand-side management (DSM) scheme for a residential neighbourhood of prosumers. Its core is a discrete…

Computer Science and Game Theory · Computer Science 2018-07-24 Matthias Pilz , Luluwah Al-Fagih

We study the classical coalition structure generation (CSG) problem and compare the anytime behavior of three algorithmic paradigms: dynamic programming (DP), MILP branch-and-bound, and sparse relaxations based on greedy or $l_1$-type…

Computer Science and Game Theory · Computer Science 2025-12-29 Angshul Majumdar

Two-stage stochastic programs (2SPs) are important tools for making decisions under uncertainty. Decision-makers use contextual information to generate a set of scenarios to represent the true conditional distribution. However, the number…

Optimization and Control · Mathematics 2025-02-11 David Islip , Roy H. Kwon , Sanghyeon Bae , Woo Chang Kim

The proliferation of distributed generation and storage units is leading to the development of local, small-scale distribution grids, known as microgrids (MGs). In this paper, the problem of optimizing the energy trading decisions of MG…

Computer Science and Game Theory · Computer Science 2016-10-10 Georges El Rahi , Anibal Sanjab , Walid Saad , Narayan B. Mandayam , H. Vincent Poor

By modeling the uncertainty of spinning reserves provided by energy storage with probabilistic constraints, a new optimal scheduling mode is proposed for minimizing the operating costs of an isolated microgrid (MG) by using…

Signal Processing · Electrical Eng. & Systems 2018-10-04 Yang Li , Zhen Yang , Guoqing Li , Dongbo Zhao , Wei Tian

A mathematical programming model for a class of single machine family scheduling problem is described in this technical report, with the aim of comparing the performance in solving the scheduling problem by means of mathematical programming…

Optimization and Control · Mathematics 2015-03-03 Davide Giglio

Mixed Integer Linear Programs (MILP) are well known to be NP-hard (Non-deterministic Polynomial-time hard) problems in general. Even though pure optimization-based methods, such as constraint generation, are guaranteed to provide an optimal…

Optimization and Control · Mathematics 2022-07-18 Asunción Jiménez-Cordero , Juan Miguel Morales , Salvador Pineda

Stochastic model predictive control (SMPC) has been a promising solution to complex control problems under uncertain disturbances. However, traditional SMPC approaches either require exact knowledge of probabilistic distributions, or rely…

Optimization and Control · Mathematics 2020-01-03 Chao Shang , Fengqi You

With the growth of complexity and extent, large scale interconnected network systems, e.g. transportation networks or infrastructure networks, become more vulnerable towards external disruptions. Hence, managing potential disruptive events…

Systems and Control · Electrical Eng. & Systems 2022-09-29 Jiaxin Wu , Pingfeng Wang

We consider Markov decision processes (MDPs) in which the transition probabilities and rewards belong to an uncertainty set parametrized by a collection of random variables. The probability distributions for these random parameters are…

Logic in Computer Science · Computer Science 2020-02-26 Murat Cubuktepe , Nils Jansen , Sebastian Junges , Joost-Pieter Katoen , Ufuk Topcu

Mixed-integer optimization is at the core of many online decision-making systems that demand frequent updates of decisions in real time. However, due to their combinatorial nature, mixed-integer linear programs (MILPs) can be difficult to…

Optimization and Control · Mathematics 2026-04-21 Shivi Dixit , Rishabh Gupta , Qi Zhang

This paper presents a scenario based robust optimization framework for short term energy scheduling in electricity intensive industrial plants, explicitly addressing uncertainty in planning decisions. The model is formulated as a two-stage…

Systems and Control · Electrical Eng. & Systems 2025-12-02 Sebastián Rojas-Innocenti , Enrique Baeyens , Alejandro Martín-Crespo , Sergio Saludes-Rodil , Fernando Frechoso Escudero

Mixed-integer linear programming (MILP) is widely employed for modeling combinatorial optimization problems. In practice, similar MILP instances with only coefficient variations are routinely solved, and machine learning (ML) algorithms are…

Optimization and Control · Mathematics 2023-03-07 Qingyu Han , Linxin Yang , Qian Chen , Xiang Zhou , Dong Zhang , Akang Wang , Ruoyu Sun , Xiaodong Luo

This paper addresses a multi-stage generation investment problem for a strategic (price-maker) power producer in electricity markets. This problem is exposed to different sources of uncertainty, including short-term operational (e.g.,…

Optimization and Control · Mathematics 2018-10-31 Vladimir Dvorkin , Jalal Kazempour , Luis Baringo , Pierre Pinson

Because an agents resources dictate what actions it can possibly take, it should plan which resources it holds over time carefully, considering its inherent limitations (such as power or payload restrictions), the competing needs of other…

Multiagent Systems · Computer Science 2014-01-17 Jianhui Wu , Edmund H. Durfee

When reasoning about the strategic capabilities of an agent, it is important to consider the nature of its adversaries. In the particular context of controller synthesis for quantitative specifications, the usual problem is to devise a…

Computer Science and Game Theory · Computer Science 2014-04-04 Véronique Bruyère , Emmanuel Filiot , Mickael Randour , Jean-François Raskin
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