Finding reliable solutions: event-driven probabilistic constraint programming

Finding reliable solutions: event-driven probabilistic constraint programming

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Article ID: iaor200971094
Country: Germany
Volume: 171
Issue: 1
Start Page Number: 77
End Page Number: 99
Publication Date: Oct 2009
Journal: Annals of Operations Research
Authors: , , ,
Abstract:

Real-life management decisions are usually made in uncertain environments, and decision support systems that ignore this uncertainty are unlikely to provide realistic guidance. We show that previous approaches fail to provide appropriate support for reasoning about reliability under uncertainty. We propose a new framework that addresses this issue by allowing logical dependencies between constraints. Reliability is then defined in terms of key constraints called ‘events’, which are related to other constraints via these dependencies. We illustrate our approach on three problems, contrast it with existing frameworks, and discuss future developments.

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