This paper presents a study on selecting electricity contracts for a large-scale chemical production plant, which requires electricity importation, under demand uncertainty. Two common types of electricity contracts are considered, time zone (TZ) contract and loading curve (LC) contract. A...

Airlines are constantly facing operational disruptions such as reduced airport capacity because of bad weather or strikes, unexpected aircraft unavailability due to mechanical failures, and delayed or cancelled flights. In view of this, ROADEF organized a worldwide challenge to explore the...

This paper presents a novel approach to handle refinery planning under correlated and truncated random demand and price uncertainties. To compute the expectation of plant revenue, which is the main difficulty for a planning problem under uncertainty, a bivariate normal distribution is used to...