The recent survey paper entitled "An Analysis of Private and Public Sector Location Models," by ReVelle, Marks, and Liebman. [Management Science, Vol. 16, No. 11 (July 1970), pp. 692-707] should be of considerable interest to operations research practitioners. To my knowledge it represents the...

A random variable (RV) X is given aminimum selling price $$S_U \left( X \right):=\mathop {\sup }\limits_x \left\{ {x + EU\left( {X - x} \right)} \right\}$$ and amaximum buying price $$B_p \left( X \right):=\mathop {\inf }\limits_x \left\{ {x + EP\left( {X - x} \right)} \right\}$$ whereU(·)...

A random variable (RV) X is given aminimum selling price <Equation ID="E1"> <EquationSource Format="TEX"> $$S_U \left( X \right):=\mathop {\sup }\limits_x \left\{ {x + EU\left( {X - x} \right)} \right\}$$ </EquationSource> </Equation> and amaximum buying price <Equation ID="E2"> <EquationSource Format="TEX"> $$B_p \left( X \right):=\mathop {\inf }\limits_x \left\{ {x + EP\left( {X - x} \right)} \right\}$$ </EquationSource> </Equation>...</equationsource></equation></equationsource></equation>

Consider a problem of minimizing a separable, strictly convex, monotone and differentiable function on a convex polyhedron generated by a system of m linear inequalities. The problem has a series-parallel structure, with the variables divided serially into n disjoint subsets, whose elements are...