Article ID: | iaor2012154 |
Volume: | 9 |
Issue: | 1 |
Start Page Number: | 139 |
End Page Number: | 160 |
Publication Date: | Feb 2012 |
Journal: | Computational Management Science |
Authors: | Crainic Teodor, Thapalia Biju, Wallace Stein, Kaut Michal |
Keywords: | stochastic processes, combinatorial optimization |
Stochastics affects the optimal design of a network. This paper examines the single‐source single‐commodity stochastic network design problem. We characterize the optimal designs under demand uncertainty and compare with the deterministic counterparts to outline the basic structural differences. We do this partly as a basis for developing better algorithms than are available today, partly to simply understand what constitutes robust network designs.