Year: 2008
Type: dissertation
Abstract: Robustness of an object is defined as the probability that an object will have properties as required. Robustness Programming (RP) is a mathematical approach for Robustness estimation and Robustness optimisation. An example in the context of designing a food product, is finding the best composition of ingredients such that the product is optimally safe and is satisfying all specifications. Another example is the investment in a portfolio of stock market shares. The number of shares to invest in is typically a controllable factor. The future shares prices and resulting portfolio return are typically uncontrollable factors. It is interesting to find the composition of shares for which the probability of reaching a predefined target return is as high as possible. In this research alternative methods for Robustness Programming are developed with favourable optimisation properties for finding a design with a Robustness as high as possible. Some of these methods are generally applicable, while other methods use specific problem characteristics. A framework for Robustness Programming is developed for modelling design problems from a wide application area and to select the applicable RP methods for such design problems.
DOI: 10.18174/121975
Author: N.J. Olieman
Institution: Wageningen University & Research
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1498289564