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Stochastic goal programming wth recourse

Antonio Heras MartínezAna García Aguado — 1998

Revista de la Real Academia de Ciencias Exactas Físicas y Naturales

In this article we discuss several alternative formulations for Stochastic Goal Programming. Only one of these models, which is a particular case of the Stochastic Programs with Recourse, is also compatible with Bayesian Decision Theory. Moreover, it is posible to approximate its solutions by means of an iterative algorithm.

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