Articles
A STOCHASTIC MODEL TO EVALUATE THE EFFECT OF UNCERTAINTY IN POT PLANT PRODUCTION
Article number
295_27
Pages
223 – 230
Language
Abstract
The paper presents a planning model that considers the effect of risks on decision making in horticultural firms.
The model focuses on the influence of global radiation on plant growth in glasshouse production.
A stochastic model is developed for production planning in pot plant firms and is based on the method of chance-constrained programming which allows to directly incorporate the risk attitudes of decision makers into the model.
First results and intentions for future extensions are discussed.
The model focuses on the influence of global radiation on plant growth in glasshouse production.
A stochastic model is developed for production planning in pot plant firms and is based on the method of chance-constrained programming which allows to directly incorporate the risk attitudes of decision makers into the model.
First results and intentions for future extensions are discussed.
Publication
Authors
S. Ludwig
Keywords
Online Articles (32)