Abstract
We describe a generic database structure of a multi-period two-stage stochastic optimization based decision support system. The model is an extension of earlier work (Dutta & Fourer; 2004). The model could be used with no or little knowledge of OR/MS. The model maximizes expected contribution subject to material balance, facility capacity, facility input, facility output, storage inventory balance, storage area constraints. The model also considers non-anticipativity constraints for first stage decision variables.
Recommended Citation
Gupta, Narain and Dutta, Goutam, "An Expanded Database Structure for a Multi-Period, Optimization Model" (2007). ICDSS 2007 Proceedings. 6.
https://aisel.aisnet.org/icdss2007/6
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