| Authors |
: |
|
| Document type |
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Communication à un colloque (Conference Paper) – Présentation orale avec comité de sélection
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| Abstract |
: |
Long-term resource allocation problems may be regarded as multiperiod processes where the future decision environment is generally uncertain. The authors first propose a mathematically tractable measure of flexibility which is based on the size of the uncertain parameter space. Next, a two objective-maximization of the expected value of the system's performance and maximization of the flexibility level-optimization problem is solved to find a flexible initial decision. Finally, a production planning problem is discussed as an illustrative example. |
| Publication date |
: |
1991 |
| Conference |
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"Proceedings of the 30th IEEE Conference on Decision and Control (Cat. No.91CH3076-7)", Brighton, UK (11-13 December 1991) |
| Peer reviewed |
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yes |
| Host document |
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"Proceedings of the 30th IEEE Conference on Decision and Control (Cat.No.91CH3076-7)"- Vol. 2, p. 1836-7 (ISBN : 0-7803-0450-0) |
| Publisher |
: |
IEEE |
| Affiliation |
: |
UCL |
| Links |
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