Optimizing Stochastic Transportation Networks with Mixed Constraints Using Pareto Distribution
Year: 2024
Type: article
Abstract: We propose a novel solution approach combining stochastic programming techniques with Pareto distribution characteristics. This approach involves reformulating the problem into a tractable optimization model using probabilistic constraints and employing advanced algorithms to solve the resulting mixed-integer programming problem. Numerical experiments illustrate the effectiveness of the proposed method and highlight its practical implications for transportation network design and management under uncertain conditions. The results demonstrate that incorporating Pareto-distributed uncertainties into the transportation problem provides a more realistic and adaptable framework for decision-making. The proposed solution approach offers valuable insights for managing complex transportation systems where both stochastic and deterministic factors play a crucial role.
Source: Contemporary Mathematics
Authors: Pullooru Bhavana, D Kalpana Priya
Institution: Vellore Institute of Technology University
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405232633