OPTIMAL DECISION RULES FOR THE TRIANGULAR E MODEL OF CHANCE-CONSTRAINED PROGRAMMING
Abstract
The paper deals with an n-period E model of chance-constrained programming in which each period j = 1,...,n generates exactly one new constraint. It is shown that there are cases in which the problem can be reduced to one of solving n rather simple one-variable nonlinear programming problems. The results of this paper are illustrated by means of an example giving the solution of a two-period problem of planning for liquidity in a savings and loan association.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1966
- Accession Number
- AD0668676
Entities
People
- Abraham Charnes
- Michael J. Kirby