Springerbriefs in Optimization

By: Urmila Diwekar, Amy David

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Paperback | 6 March 2015

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Paperback
166 Pages

Dimensions(cm)
22.86 x 15.24 x 1.27

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This book presents the details of the BONUS algorithm and its real world applications in areas like sensor placement in large scale drinking water networks, sensor placement in advanced power systems, water management in power systems, and capacity expansion of energy systems. A generalized method for stochastic nonlinear programming based on a sampling based approach for uncertainty analysis and statistical reweighting to obtain probability information is demonstrated in this book. Stochastic optimization problems are difficult to solve since they involve dealing with optimization and uncertainty loops. There are two fundamental approaches used to solve such problems. The first being the decomposition techniques and the second method identifies problem specific structures and transforms the problem into a deterministic nonlinear programming problem. These techniques have significant limitations on either the objective function type or the underlying distributions for the uncertain variables. Moreover, these methods assume that there are a small number of scenarios to be evaluated for calculation of the probabilistic objective function and constraints. This book begins to tackle these issues by describing a generalized method for stochastic nonlinear programming problems. This title is best suited for practitioners, researchers and students in engineering, operations research, and management science who desire a complete understanding of the BONUS algorithm and its applications to the real world.

Industry Reviews

"The authors try to introduce and give a survey of two types of solution algorithms: the BONUS (Better Optimization of Nonlinear Uncertain System) algorithm and the L-shaped BONUS algorithm. ... the text is written in an understandable way and it should prove useful to specialists from different fields of investigation." (Vlasta KaÅkov¡, Mathematical Reviews, May, 2016)

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