In this article, as in industry, advanced process control (APC) refers primarily to multi-variable control. Multivariable control means adjusting multiple single-loop controllers in unison, to meet ...

We investigate risk-averse stochastic optimization problems with a risk-shaping constraint in the form of a stochastic-order relation. Both univariate and multivariate orders are considered. We extend ...

This is a preview. Log in through your library . Abstract This paper considers a class of optimization problems characterized by constraints that themselves contain optimization problems. The problems ...

The Covid-19 pandemic has triggered a wave of severe economic disruption around the world, causing widespread chaos, profound changes in the business landscape and overwhelming operational challenges.