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• W2500967511 abstract "AboutSectionsView PDF ToolsAdd to favoritesDownload CitationsTrack CitationsPermissionsReprints ShareShare onFacebookTwitterLinked InEmail Go to Section HomeINFORMS TutORials in Operations ResearchThe Operations Research Revolution Robust Multistage Decision MakingErick Delage, Dan A. IancuErick Delage, Dan A. IancuPublished Online:26 Oct 2015https://doi.org/10.1287/educ.2015.0139Abstract Testifying to more than 10 years of academic and practical developments, this tutorial attempts to provide a succinct yet unified view of the robust multistage decision-making framework. In particular, the reader should better understand (1) the distinction between static versus fully or partially adjustable decisions, (2) the root of tractability issues, (3) the connection to robust dynamic programming, (4) some motivation for using simple policies, especially in terms of optimality, (5) how time consistency issues can arise, and (6) some relevant applications. Your Access Options Login Options INFORMS Member Login Nonmember Login Purchase Options Save for later Item saved, go to cart Tutorials in OR, TutorialsNew $20.00 Add to cart Tutorials in OR, TutorialsNew Checkout Other Options Token Access Insert token number Claim access using a token Restore guest access Applies for purchases made as a guest Previous Back to Top Next FiguresReferencesRelatedInformationCited byEffective Budget of Uncertainty for Classes of Robust OptimizationMilad Dehghani Filabadi, Houra Mahmoudzadeh10 February 2022 | INFORMS Journal on Optimization, Vol. 4, No. 3A Data-Driven Approach to Multistage Stochastic Linear OptimizationDimitris Bertsimas, Shimrit Shtern, Bradley Sturt23 March 2022 | Management Science, Vol. 0, No. 0The Internet of Things and Information Fusion: Who Talks to Who?Soroush Saghafian, Brian Tomlin, Stephan Biller17 March 2021 | Manufacturing & Service Operations Management, Vol. 24, No. 1Stochastic Superiority Equilibrium in Game TheoryAli Yekkehkhany, Timothy Murray, Rakesh Nagi1 June 2021 | Decision Analysis, Vol. 18, No. 2Technical Note—Time Inconsistency of Optimal Policies of Distributionally Robust Inventory ModelsAlexander Shapiro, Linwei Xin19 June 2020 | Operations Research, Vol. 68, No. 5Robust Quadratic Programming with Mixed-Integer UncertaintyAreesh Mittal, Can Gokalp, Grani A. Hanasusanto13 September 2019 | INFORMS Journal on Computing, Vol. 32, No. 2A Primal–Dual Lifting Scheme for Two-Stage Robust OptimizationAngelos Georghiou, Angelos Tsoukalas, Wolfram Wiesemann4 February 2020 | Operations Research, Vol. 68, No. 2Robust Dual Sourcing Inventory Management: Optimality of Capped Dual Index Policies and SmoothingJiankun Sun, Jan A. Van Mieghem11 April 2019 | Manufacturing & Service Operations Management, Vol. 21, No. 4Robust Optimization for a Maritime Inventory Routing ProblemAgostinho Agra, Marielle Christiansen, Lars Magnus Hvattum, Filipe Rodrigues2 April 2018 | Transportation Science, Vol. 52, No. 3A Value-Function-Based Exact Approach for the Bilevel Mixed-Integer Programming ProblemLeonardo Lozano, J. Cole Smith11 April 2017 | Operations Research, Vol. 65, No. 3 The Operations Research RevolutionSeptember 2015 Article Information Metrics Information Published Online:October 26, 2015 Copyright © 2015, INFORMSCite asErick DelageDan A. Iancu (2015) Robust Multistage Decision Making. INFORMS TutORials in Operations Research null(null):20-46. https://doi.org/10.1287/educ.2015.0139 Keywordsrobust optimizationsequential decision makingtime consistencydynamic programmingPDF download" @default.
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