An Accelerated Solution Method for Two-Stage Stochastic Models in Disaster Management (eBook, PDF)
Emilia Graß
eBook, PDF

An Accelerated Solution Method for Two-Stage Stochastic Models in Disaster Management (eBook, PDF)

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Emilia Graß develops a solution method which can provide fast and near-optimal solutions to realistic large-scale two-stage stochastic problems in disaster management. The author proposes a specialized interior-point method to accelerate the standard L-shaped algorithm. She shows that the newly developed solution method solves two realistic large-scale case studies for the hurricane prone Gulf and Atlantic coast faster than the standard L-shaped method and a commercial solver. The accelerated solution method enables relief organizations to employ appropriate preparation measures even in the c...

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