A COMPUTATIONAL STUDY OF EMPIRICAL DECISION HORIZONS IN INFINITE HORIZON, MULTIPERIOD NETWORK FLOW PROBLEMS
Titel:
A COMPUTATIONAL STUDY OF EMPIRICAL DECISION HORIZONS IN INFINITE HORIZON, MULTIPERIOD NETWORK FLOW PROBLEMS
Auteur:
Aronson, Jay E. Chen, B. David
Verschenen in:
IIE transactions
Paginering:
Jaargang 25 (1993) nr. 1 pagina's 73-76
Jaar:
1993-01-01
Inhoud:
The minimum cost, multiperiod network flow model is an important optimization model for solving problems in many application areas including resource scheduling, planning and distribution. This network model describes decision making problems over time. In earlier work, we discussed the development, implementation and computational testing of a new technique, the forward network simplex method, for solving linear, minimum cost, multiperiod network flow problems. The forward network simplex method exploits the natural decomposition of multiperiod network problems, by limiting its pivoting activity to the date of the last few time periods. Both the solution CPU time and pivot count are linear in the number of time periods. For standard network optimization codes, the pivot count is linear while the solution time is approximately quadratic in the number of periods. Here we present a computational study of the natural decomposition of, or empirical decision horizons for, an “infinite” horizon, multiperiod network model. We demonstrate the existence of such horizons for a model for which there is no guarantee of having an exact, or theoretical, decision horizon. When a problem having a sufficiently large number of time periods is solved, there is no effect on the decisions to be made for the first few time periods. Thus, the early periods' solution to a problem having an infinite number of time periods may be considered solved.
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