A polynomial-time algorithm for a nonconvex chance-constrained program under the normal approximation

We study a chance-constrained optimization problem where the random variable appearing in the chance constraint follows a normal distribution whose mean and variance both depend linearly on the decision variables. Such structure may arise in many applications, including the normal approximation to t...

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Vydáno v:Optimization letters Ročník 17; číslo 2; s. 265 - 282
Hlavní autor: Mildebrath, David
Médium: Journal Article
Jazyk:angličtina
Vydáno: Berlin/Heidelberg Springer Berlin Heidelberg 01.03.2023
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ISSN:1862-4472, 1862-4480
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Abstract We study a chance-constrained optimization problem where the random variable appearing in the chance constraint follows a normal distribution whose mean and variance both depend linearly on the decision variables. Such structure may arise in many applications, including the normal approximation to the Poisson distribution. We present a polynomial-time algorithm to solve the resulting nonconvex optimization problem, and illustrate the efficacy of our method using a numerical experiment.
AbstractList We study a chance-constrained optimization problem where the random variable appearing in the chance constraint follows a normal distribution whose mean and variance both depend linearly on the decision variables. Such structure may arise in many applications, including the normal approximation to the Poisson distribution. We present a polynomial-time algorithm to solve the resulting nonconvex optimization problem, and illustrate the efficacy of our method using a numerical experiment.
Author Mildebrath, David
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Cites_doi 10.1007/BF00938217
10.1007/978-94-017-3087-7
10.1007/BF01442883
10.1007/BF01442898
10.1287/ijoc.1120.0530
10.1007/BF02283685
10.1016/j.trb.2017.05.014
10.1016/j.orl.2010.01.003
10.1016/0167-6377(83)90038-X
10.1287/mnsc.4.3.235
10.1017/CBO9780511804441
10.1287/ijoc.2014.0595
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Keywords Reverse convex programming
Chance-constrained programming
Polynomial-time algorithms
Nonlinear optimization
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Mathematics
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Numerical and Computational Physics
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Optimization
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Title A polynomial-time algorithm for a nonconvex chance-constrained program under the normal approximation
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