Journal article
Stochastic capacity expansion with multiple sources of capacity
Abstract
In this paper, we consider the multi-period single resource stochastic capacity expansion problem with three sources of capacity: permanent, contract, and spot market. The problem is modeled as a multi-stage stochastic integer program. We show that the problem has the totally unimodular property and develop polynomial-time primal and dual algorithms to solve the problem.
Authors
Taghavi M; Huang K
Journal
Operations Research Letters, Vol. 42, No. 4, pp. 263–267
Publisher
Elsevier
Publication Date
6 2014
DOI
10.1016/j.orl.2014.04.005
ISSN
0167-6377