Operations Research Center. Annual Report. Jul 1, 1977 through June 30, 1978.

Abstract

The Operations Research Center conducts interdepartmental academic and research programs in the field of operations research. One focus of basic research has been on nondifferentiable optimization. This has been motivated in large part from the Center's work on econometric models containing linear programming subproblems. Linear programs produce nondifferentiable parametric functions because of the abrupt changes in shadow prices as various optimal extreme point solutions are generated. Specifically, normative models for depletable resources with applications to energy planning have been developed and analyzed. Nondifferentiable optimization techniques are required, for example, to estimate derived demand curves for a scarce resource from a dynamic economic sectoral model. Another example is the use of nondifferentiable optimization to compute peak load electricity prices by perturbing peak load demand and reliability constraints in utility capacity expansion models.

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Document Details

Document Type
Technical Report
Publication Date
Jun 30, 1978
Accession Number
ADA060520

Entities

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  • Massachusetts Institute of Technology

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  • Biomedical
  • Energy and Power Technologies
  • Human Systems
  • Space

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  • Blood Donors
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  • Computational Science
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  • Flow Network
  • Linear Programming
  • Mathematical Models
  • Mathematical Programming
  • Operations Research
  • Optimization
  • Probabilistic Models
  • Probability
  • Random Variables
  • Stochastic Processes
  • Surveys
  • Systems Engineering

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