Showing 1 - 10 of 14
We study in this paper the effects of volume flexibility, delivery flexibility and operational decision flexibility in operational supply chain planning under uncertain demand. We use a rolling schedule to plan supply chain operations for a whole year. The planning horizon is 4 weeks with...
Persistent link: https://www.econbiz.de/10009318710
We present a supply chain design problem modeled as a sequence of splitting and combining processes. We formulate the problem as a two-stage stochastic program. The first-stage decisions are strategic location decisions, whereas the second stage consists of operational decisions. The objective...
Persistent link: https://www.econbiz.de/10004973535
The stochastic pooling problem is a type of stochastic mixed-integer bilinear program arising in the integrated design and operation of various important industrial networks, such as gasoline blending, natural gas production and transportation, water treatment, etc. This paper presents a...
Persistent link: https://www.econbiz.de/10010994057
Branch and Fix Coordination is an algorithm intended to solve large scale multi-stage stochastic mixed integer problems, based on the particular structure of such problems, so that they can be broken down into smaller subproblems. With this in mind, it is possible to use distributed computation...
Persistent link: https://www.econbiz.de/10011209364
We present a modeling framework for analyzing if the use of interruptible transportation services can improve capacity utilization in a natural gas transportation network. The network consists of two decision makers: the transmission system operator (TSO) and a shipper of natural gas. The TSO is...
Persistent link: https://www.econbiz.de/10011209405
The purpose of this paper is to formally describe new optimization models for distributed telecommunication networks.Modern distributed networks put more focus on the processing of information and less on the actual transportation of datathan we are traditionally used to in telecommunications....
Persistent link: https://www.econbiz.de/10011255989
Infrastructure-planning models are challenging because of their combination of different time scales: while planning and building the infrastructure involves strategic decisions with time horizons of many years, one needs an operational time scale to get a proper picture of the...
Persistent link: https://www.econbiz.de/10010846147
A stochastic formulation of the natural gas cash-out problem is given in a form of a bilevel multi-stage stochastic programming model with recourse. After reducing the original formulation to a bilevel linear problem, a stochastic scenario tree is defined by its node events, and time series...
Persistent link: https://www.econbiz.de/10008494818
Persistent link: https://www.econbiz.de/10004995452
Predicting gas component prices over different horizons is important for both energy producers and consumers. In this study, we model and predict the joint dynamics of butanes, propane and naphtha traded in the north European market. Our approach is to use multivariate time series with...
Persistent link: https://www.econbiz.de/10008681369