I was 5 or 6 when I got my first sense of the joys of computer programming. This was in the early 1980s, when few people had a computer. One day, my dad brought home a Sinclair ZX Spectrum, one of the ...

Abstract: There is no doubt that portfolio selection problems play an important role in finance, which recommend valuable choices among various investment strategies. In our study, we consider the ...

Albert Madansky, AB’52, SM’55, PhD’58, a brilliant statistician and longtime faculty member at the University of Chicago Booth School of Business, died Dec. 8, 2022 in Chicago. He was 88. Madansky ...

Abstract: Linear programming (LP) is a popular method for optimization of a wide range of applications because of its simplicity and availability. However, LP, in its classic form, is not equipped to ...

Multiple objective stochastic linear programming is a relevant topic. As a matter of fact, many practical problems ranging from portfolio selection to water resource management may be cast into this ...

Many Optimization problems in engineering and economic involve the challenging task of pondering both conflicting goals and random data. In this paper, we give an up-to-date overview of how important ...