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- W2077121347 abstract "We introduce a multiple scenario, multiple period, optimization-based decision support system (DSS) for strategic planning in a process industry. The DSS is based on a two stage stochastic linear program (SLP) with recourse for strategic planning. The model can be used with little or no knowledge of Management Sciences. The model maximizes the expected contribution (to profit), subject to constraints of material balance, facility capacity, facility input, facility output, inventory balance constraints, and additional constraints for non-anticipativity. We describe the database structure for a SLP based DSS in contrast to the deterministic linear programming (LP) based DSS. In the second part of this paper, we compare a completely relational database structure with a hierarchical one using multiple criteria. We demonstrate that by using completely relational databases, the efficiency of model generation can be improved by 60% compared to hierarchical databases. A generic DSS based on a stochastic linear programming (SLP)Compare data model of an SLP based DSS and deterministic LP based DSSDesign of a completely relational database structureDiscuss features of a multi scenario optimization based DSSDiscuss reporting of multi dimensional optimization data and results" @default.
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- W2077121347 date "2014-08-01" @default.
- W2077121347 modified "2023-10-16" @default.
- W2077121347 title "An expanded database structure for a class of multi-period, stochastic mathematical programming models for process industries" @default.
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- W2077121347 doi "https://doi.org/10.1016/j.dss.2014.04.003" @default.
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