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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…

Despite strong connections through shared application areas, research efforts on power market optimization (e.g., unit commitment) and power network optimization (e.g., optimal power flow) remain largely independent. A notable illustration…

最优化与控制 · 数学 2020-09-02 Carleton Coffrin , Bernard Knueven , Jesse Holzer , Marc Vuffray

We study non-stationary single-item, periodic-review inventory control problems in which the demand distribution is unknown and may change over time. We analyze how demand non-stationarity affects learning performance across inventory…

最优化与控制 · 数学 2026-02-06 Nele H. Amiri , Sean R. Sinclair , Maximiliano Udenio

Considering the evolution of the food industry and its challenges, like high perishability, managing the food industry supply chain is a key focus for researchers and decision-makers. Uncertainty in decision-making has gained importance,…

最优化与控制 · 数学 2024-06-11 Babak Javadi , Zeinab Salimzadeh , Amir Hossein Akbari , Mahla Yadegari , Mohammadreza Abdali

In this paper we consider classes of models that have been recently developed for quantitative finance that involve modelling a highly complex multivariate, multi-attribute stochastic process known as the Limit Order Book (LOB). The LOB is…

计算金融 · 定量金融 2015-04-23 Gareth W. Peters , Efstathios Panayi , Francois Septier

Inspired from modern out-of-equilibrium statistical physics models, a matrix product based framework permits the formal definition of random vectors (and random time series) whose desired joint distributions are a priori prescribed. Its key…

统计力学 · 物理学 2012-03-21 Florian Angeletti , Eric Bertin , Patrice Abry

We consider a non-stationary variant of a sequential stochastic optimization problem, in which the underlying cost functions may change along the horizon. We propose a measure, termed variation budget, that controls the extent of said…

概率论 · 数学 2019-06-07 O. Besbes , Y. Gur , A. Zeevi

The assortment planning problem is a central piece in the revenue management strategy of any company in the retail industry. In this paper, we study a robust assortment optimization problem for substitutable products under a sequential…

最优化与控制 · 数学 2020-09-01 Saharnaz Mehrani , Jorge A. Sefair

We study filtering of multiscale dynamical systems with model error arising from unresolved smaller scale processes. The analysis assumes continuous-time noisy observations of all components of the slow variables alone. For a linear model…

动力系统 · 数学 2014-12-03 Tyrus Berry , John Harlim

With the constant increase of the number of autonomous vehicles and connected objects, tools to understand and reproduce their mobility models are required. We focus on chaotic dynamics and review their applications in the design of…

多智能体系统 · 计算机科学 2023-03-30 Martin Rosalie , Serge Chaumette

The share-of-choice (SOC) problem is a widely studied problem for product line design (PLD) where representative customers are sampled from a target population and the percentage of the ones who choose the offered products over outside…

最优化与控制 · 数学 2024-09-04 Maoqi Liu , Xun Zhang , Hailei Gong , Changchun Liu

The Product Data Model (PDM) is an example of a data-centric approach to modelling information-intensive business processes, which offers exibility and facilitates process optimization. Because the approach is declarative in nature, there…

数据库 · 计算机科学 2022-05-19 Konstantinos Varvoutas , Anastasios Gounaris , Georgia Kougka , Hajo A. Reijers

Recent years have seen a resurgence in interest in marketing mix models (MMMs), which are aggregate-level models of marketing effectiveness. Often these models incorporate nonlinear effects, and either implicitly or explicitly assume that…

计量经济学 · 经济学 2024-08-15 Ryan Dew , Nicolas Padilla , Anya Shchetkina

The scheduling problem is a key class of optimization problems and has various kinds of applications both in practical and theoretical scenarios. In the scheduling problem, probabilistic analysis is a basic tool for investigating…

信息论 · 计算机科学 2024-01-30 Daiki Suruga

Probabilistic forecasting in combination with stochastic programming is a key tool for handling the growing uncertainties in future energy systems. Derived from a general stochastic programming formulation for the optimal scheduling and…

系统与控制 · 电气工程与系统科学 2022-03-25 Mario Beykirch , Tim Janke , Florian Steinke

Manufacturing industries are among the highest energy-consuming sectors, facing increasing pressure to reduce energy costs. This paper presents an energy-aware Model Predictive Control (MPC) framework to dynamically schedule manufacturing…

最优化与控制 · 数学 2025-07-01 Hongliang Li , Herschel C. Pangborn , Ilya Kovalenko

Optimization in engineering requires appropriate models. In this article, a regression method for enhancing the predictive power of a model by exploiting expert knowledge in the form of shape constraints, or more specifically, monotonicity…

In many applications, for example when computing statistics of fast subsystems in a multiscale setting, we wish to find the stationary distributions of systems of continuous time Markov chains. Here we present a class of models that appears…

概率论 · 数学 2016-09-20 David F. Anderson , Simon L. Cotter

In this paper we consider multiple constrained resource allocation problems, where the constraints can be specified by formulating activity dependency restrictions or by using game-theoretic models. All the problems are focused on generic…

数据结构与算法 · 计算机科学 2009-06-19 Mugurel Ionut Andreica , Madalina Ecaterina Andreica , Costel Visan

Waste production, carbon dioxide atmospheric accumulation, and dependence on finite natural resources are expressions of the unsustainability of the current industrial networks that supply fuels, energy, and manufacturing products. In…

动力系统 · 数学 2023-05-16 Federico Zocco , Pantelis Sopasakis , Beatrice Smyth , Wassim M. Haddad