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In relation to this article, we declare that there is no conflict of interest.
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Received May 1, 2008
Accepted February 1, 2009
articles This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/bync/3.0) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
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A scenario-based robust framework for short-term and long-term operation planning problems

Department of Chemical Engineering, POSTECH, San 31 Hyoja-dong, Pohang, Kyungbuk 790-784, Korea 1LG Chemistry Research Park, Daejeon 305-380, Korea
jun2002@postech.ac.kr
Korean Journal of Chemical Engineering, May 2009, 26(3), 612-621(10), 10.1007/s11814-009-0103-0
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Abstract

This paper discusses a scenario-based scheme to address process operation problems under variations. As an illustration, two typically encountered problems, a short-term operation planning problem and a long term supply chain planning problem, are investigated considering the effect of variations. Their mathematical programming models explicitly reflecting the variations in the form of multiple scenarios with their probabilities are presented to provide robust decisions in the face of variations. It is hoped that the proposed framework can be a reminder of the importance of the scenario-based approach in the current uncertain business circumstances.

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