Uncertainty quantification with risk measures in production planning
Abstract This paper is concerned with a simulation study for a stochastic production network model, where the capacities of machines may change randomly. We introduce performance measures motivated by risk measures from finance leading to a simulation based optimization framework for the production...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2020-02-01
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| Series: | Journal of Mathematics in Industry |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1186/s13362-020-00074-4 |