Abstract: Models are built to help represent, understand, and further characterize physical systems. In addition, the ubiquitous presence of uncertainties in material properties, geometry, and loading ...

In computational science, optimization under uncertainty (OUU) provides a new methodology for building designs reliable under a variety of conditions with improved efficiency over a traditional, ...

This paper presents a mixed integer programming model for optimal development of an oil field under uncertain future oil prices. Based on a two-dimensional reservoir description, the model suggests ...

Editor's Note: This article first appeared in the September 2024 issue of Supply Chain Management Review. For more content like this, click here to subscribe to either the print or digital edition of ...

Engineering leaders rarely get perfect information, so the job is learning how to decide, experiment and communicate clearly when the data is messy. Engineering leaders face many situations where the ...