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 »