While there are several texts on how to solve and analyze stochastic programs, this is the first text to address basic questions about how to model uncertainty, and how to reformulate a deterministic
In the words of editors Wallace (qualitative logistics, Molde U. College, Norway) and Ziemba (financial modeling and stochastic optimization, U. of British Columbia, Canada), stochastic programming "
This book shows the breath and depth of stochastic programming applications. All the papers presented here involve optimization over the scenarios that represent possible future outcomes of the uncert
