Stochastic Optimization Methods: Applications in Engineering and Operations Research
Stochastic Optimization Methods: Applications in Engineering and Operations Research
Stochastic Optimization Methods: Applications in Engineering and Operations Research examines optimization problems that in practice involve random model parameters. It details the computation of robust optimal solutions, i.e., optimal solutions that are insensitive with respect to random parameter variations, where appropriate deterministic substitute problems are needed. Based on the probability distribution of the random data and using decision theoretical concepts, optimization problems under stochastic uncertainty are converted into appropriate deterministic substitute problems.
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Due to the probabilities and expectations involved, the book also shows how to apply approximative solution techniques. Several deterministic and stochastic approximation methods are provided: Taylor expansion methods, regression and response surface methods (RSM), probability inequalities, multiple linearization of survival/failure domains, discretization methods, convex approximation/deterministic descent directions/efficient points, stochastic approximation and gradient procedures and also differentiation formulas for probabilities and also expectations.
Content
- Stochastic Optimization Methods
![Stochastic Optimization]()
- Optimal Control Under Stochastic Uncertainty
- Stochastic Optimal Open-Loop Feedback Control
- Adaptive Optimal Stochastic Trajectory Planning and Control (AOSTPC)
- Optimal Design of Regulators .
- Expected Total Cost Minimum Design of Plane Frames .
- Stochastic Structural Optimization with Quadratic Loss Functions
- Maximum Entropy Techniques
- References
- Index
Product Details
- Hardcover: 368 pages
- Publisher: Springer; 3rd ed. 2015 edition (February 21, 2015)
- Language: English
- ISBN-10: 3662462133
- ISBN-13: 978-3662462133
- Product Dimensions: 6.1 x 0.9 x 9.2 inches
- Shipping Weight: 1.6 pounds
In the third edition, this book further develops stochastic optimization methods. In particular, it now shows how to apply stochastic optimization methods to the approximate solution of important concrete problems arising in engineering, economics and operations research
Typical examples from engineering and economics/operations research are: material parameters (e.g., elasticity moduli, yield stresses, allowable stresses, moment capacities, specific gravity), external loadings, friction coefficients, moments of inertia, length of links, mass of links, location of center of gravity of links, manufacturing errors, tolerances, noise terms, demand parameters, technological coefficients in input–output functions, cost factors, interest rates,
exchange rates, etc.
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