Finding dual flexible contingency plans for optimal generalized linear systems

✍ Scribed by Yong Shi

• Book ID: 104369572
• Publisher: John Wiley and Sons
• Year: 1998
• Tongue: English
• Weight: 253 KB
• Volume: 5
• Category: Article
• ISSN: 0969-6016
• DOI: 10.1016/s0969-6016(97)00041-5

✦ Synopsis

Designing optimal linear systems has extended the traditional optimization method (i.e. ®nding an optimal point for a given system) to ®nding an optimal solution structure. This structure consists of optimal systems and their optimal contingency plans which can cope with various decision situations under uncertainty. Multi-criteria and multi-constraint-levels (MC 2 ) simplex method is a primary tool used in designing optimal systems. In this paper, a new approach to designing optimal systems is proposed to ®nd dual ¯exible contingency plans (DFCP) for generalized good systems (GGS). GGS goes beyond the assumption of selecting opportunities for a potentially good system, while DFCP utilizes all possible slack resources and converts non-optimal solutions into optimal ones. This approach enriches the theoretical framework of designing optimal systems. A numerical example is used to illustrate the proposed approach.