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A Robust Optimization Approach to Customer Equity Management
Researchers aim to identify an approach to maximize customer equity by optimal
allocation of marketing budgets in an uncertain environment. This research adopts
robust optimization to cope with the uncertainty inherent in uncertain...
Application of Robust Optimization Approach for Agricultural Water Resource Management under Uncertainty
Optimization models are widely used in agricultural water resources management programs. However, optimization models in most applications use data that is subject to uncertainty. Recently, robust optimization has been used as an optimization model...
A bi-objective MIP model for facility layout problem in uncertain environment
Facility layout problem (FLP) is one of the classical and important problems in real-world problems in the field of industrial engineering where efficiency and effectiveness are very important factors. To have an effective ...
Application of robust optimization in capacitated maximal covering location problem
In the real world, uncertainty is an inseparable component in many problems and there is a growing interest to have robust solutions specially for problems with uncertain parameters. In this research, we use robust optimization in the capacitated...
Pareto-based robust optimization of water-flooding using multiple realizations
Robust optimization (RO) approach is inherently a multi-objective paradigm. The proposed multi-objective optimization formulation would attempt to find the optimum – yet robust – water injection policies. Two multi-objective, Pareto-based robust...
A new model for robust facility layout problem
The Facility Layout Problem (FLP) is the problem of locating each department in a long plant floor without any overlap between departments in order to minimize the material handling cost. The main purpose of this study is ...