Number:
Math 64/93
Author(s):
LEPP, Riho.
Title:
Discretization method for the solution of single-stage stochastic programs. 14 p.
Language:
English
Keywords:
Single-stage; discrete convergence.

ABSTRACT. In this paper a discretization approach for the approximate solution of single-stage stochastic programs is suggested. Infinite number of constraints, defined as functions in reflexive Lp-spaces, are replaced by finite number ones. Convergence of optimal values and solutions of approximate problems to the initial problem is presented.