Stochastic programming in water management: A case study and a comparison of solution techniques

Stochastic programming in water management: A case study and a comparison of solution techniques

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Article ID: iaor1993790
Country: Netherlands
Volume: 52
Issue: 1
Start Page Number: 28
End Page Number: 44
Publication Date: May 1991
Journal: European Journal of Operational Research
Authors: , , ,
Keywords: water
Abstract:

The present stage of developments in stochastic programming gives already a good base for real-life applications. The possibility of using alternative models is studied on a small-size but meaningful example connected with water management of a real-life water resource system in Eastern Czechoslovakia. Both of the considered conceptually different stochastic programming models take into account intercorrelations within a group of random parameters and provide comparable optimal decisions. At the same time, these models are used for comparison of existing numerical procedures for stochastic programming, namely, approximation schemes that result in large-size linear programs, stochastic quasigradient methods and special techniques for handling joint chance constraints.

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