Title: Robust Data-Driven Approach in Decision Making Under UncertaintySpeaker: Grani Adiwena HanasusantoAffiliation: Department of Computing - Imperial College LondonLocation: Room 301 William PenneyTime: 4:00pmAbstract. We investigate robust data-driven approach in stochastic optimization problems where partial knowledge on the exogenous uncertainties is available to the decision maker. In contrast to the traditional model-based approach, a data-driven... Read more »

Title: Interdiction Games on Markovian PERT NetworksSpeaker: Eli GutinAffiliation: School of Industrial and Systems Engineering - Georgia Institute of TechnologyLocation: Room 218 Huxley BuildingTime: 3:00pmAbstract. In a stochastic interdiction game a proliferator aims to minimize the expected duration of a nuclear weapons development project, while an interdictor endeavors to maximize the project duration by delaying... Read more »

Title: Risk neutral and risk averse approaches to multistage stochastic programming with applications to hydrothermal operation planning problemsSpeaker: Dr. Wajdi TekayaAffiliation: Decision Trees GmbHLocation: Room 217 Huxley BuildingTime: 2:00pmAbstract. This talk gives an overview of risk neutral and risk averse approaches to multistage stochastic programming with applications to hydrothermal operation planning problems. In the first... Read more »

Title: Managing with Incomplete Inventory Information Speaker: Prof. Suresh P. SethiAffiliation: Center for Intelligent Supply Networks - University of Texas at DallasLocation: Room 217-218 Huxley BuildingTime: 2:00pmAbstract. A critical assumption in the vast literature on inventory management has been that the current level of inventory is known to the decision maker. Some of the most... Read more »

Title: Added value of scenario tree based stochastic optimization in long and medium term planning of hydro power systemsSpeaker: Dr. Georg OstermaierAffiliation: Location: Room 217 Huxley BuildingTime: 11:00amAbstract. The changes in the dynamics of power prices in Germany within the last few years have implied significant decreases of revenues of pumped storage hydro systems. The... Read more »

Title: Risk measures and time consistencySpeaker: Prof. Alexander ShapiroAffiliation: School of Industrial and Systems Engineering - Georgia Institute of TechnologyLocation: Room 145 Huxley BuildingTime: 2:00pmAbstract. In this talk we discuss basic theory of risk measures and risk averse optimization. Starting with the pioneering paper by Artzner et al, "Coherent measures of risk" (1999), this theory... Read more »

Title: Numerical Aggregation of Trust Evidence: Its Analysis and OptimisationSpeaker: Prof. Michael Huth and Dr. Jim Huan-Pu KuoAffiliation: Department of Computing - Imperial College LondonLocation: Room 217 Huxley BuildingTime: 3:15pmAbstract. We have designed a language in which modellers can specify trust and distrust signals that, in their presence, generate a numerical score, and where such... Read more »

Title: Revolutionizing Airline Planning & Scheduling with the Invention of Unified OptimizationSpeaker: Dr. Nikolaos PapadakosAffiliation: Decisal LtdLocation: Room 345 Huxley BuildingTime: 2:00pmAbstract. Airline planning and scheduling are complex mixed integer problems. To reduce complexity each of them has traditionally been split into stages. For example, scheduling is split into fleet assignment, aircraft scheduling, and crew... Read more »

Title: Multi-stage Decision Optimization under Uncertainty Speaker: Dr. Ronald HochreiterAffiliation: WU Vienna University of Economics and BusinessLocation: Room 218 Huxley BuildingTime: 2:00pmAbstract. In this talk we will review and discuss various aspects of multi-stage decision optimization problems under uncertainty - from problem formulation to modeling language support as well as the numerical solution of optimization... Read more »

Title: Medium-term planning for thermal electricity productionSpeaker: Dr. Florentina ParaschivAffiliation: Institute for Operations Research and Computational Finance - University of St. GallenLocation: Room 218 Huxley BuildingTime: 2:00pmAbstract. In the present paper, we present a mid-term planning model for thermal power generation which is based on multistage stochastic optimization and involves stochastic electricity spot prices, a... Read more »