Department Event / Seminar

[IE] Robust and Chance Constrained Optimization in Power and Logistics Systems

Date: 

Friday, April 9, 2021 - 1:00pm to 2:00pm

Location: 

Zoom Meeting ID: 970 7656 5407 Password: 477211

In this talk, we cover our research on algorithm development for optimization with uncertainties, including difficult two-stage robust and chance-constrained optimization.  Recent exact algorithms and their extensions will be discussed and analyzed. Then, a few applications to address challenges arising in power and logistics systems will be described, and new modeling capacity along with non-trivial management insights will be presented.  Finally, we highlight the superior computational performance over traditional approaches on computing large-scale real instances.