An Accelerated Solution Method for Two-Stage Stochastic Models in Disaster Management

An Accelerated Solution Method for Two-Stage Stochastic Models in Disaster Management

German/English | PDF | 2018 | 168 Pages | ISBN : 3658240806 | 4.71 MB

Emilia Gra? develops a solution method which can provide fast and near-optimal solutions to realistic large-scale two-stage stochastic problems in disaster management. The author proposes a specialized interior-point method to accelerate the standard L-shaped algorithm. She shows that the newly developed solution method solves two realistic large-scale case studies for the hurricane prone Gulf and Atlantic coast faster than the standard L-shaped method and a commercial solver. The accelerated solution method enables relief organizations to employ appropriate preparation measures even in the case of short-term disaster warnings.

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