Minimax Regret Analysis for Municipal Solid Waste Management: An Interval-Stochastic Programming Approach
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In this study, an interval minimax regret programming (IMMRP) method is developed for the planning of municipal solid waste (MSW) management under uncertainty. It improves on the existing interval programming and minimax regret analysis methods by allowing uncertainties presented as both intervals and random variables to be effectively communicated into the optimization process. The IMMRP can account for economic consequences under all possible scenarios without any assumption on their probabilities. The developed method is applied to a case study of long-term MSW management planning under uncertainty. Multiple scenarios associated with different cost and risk levels are analyzed. Reasonable solutions are generated, demonstrating complex tradeoffs among system cost, regret level, and system-failure risk. The method can also facilitate examination of the difference between the cost incurred with identified strategy and the least cost under an ideal condition. The results can help determine desired plans and policies for waste management under a variety of uncertainties.
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