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The minmax multidimensional knapsack problem with application to a chance‐constrained problem

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  • Moshe Kress
  • Michal Penn
  • Maria Polukarov

Abstract

In this paper we present a new combinatorial problem, called minmax multidimensional knapsack problem (MKP), motivated by a military logistics problem. The logistics problem is a two‐period, two‐level, chance‐constrained problem with recourse. We show that the MKP is NP‐hard and develop a practically efficient combinatorial algorithm for solving it. We also show that under some reasonable assumptions regarding the operational setting of the logistics problem, the chance‐constrained optimization problem is decomposable into a series of MKPs that are solved separately. © 2007 Wiley Periodicals, Inc. Naval Research Logistics, 2007

Suggested Citation

  • Moshe Kress & Michal Penn & Maria Polukarov, 2007. "The minmax multidimensional knapsack problem with application to a chance‐constrained problem," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(6), pages 656-666, September.
    • Handle: RePEc:wly:navres:v:54:y:2007:i:6:p:656-666
    DOI: 10.1002/nav.20237
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    References listed on IDEAS

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    1. Raymond K. Cheung & Warren B. Powell, 1996. "An Algorithm for Multistage Dynamic Networks with Random Arc Capacities, with an Application to Dynamic Fleet Management," Operations Research, INFORMS, vol. 44(6), pages 951-963, December.
    2. M A H Dempster & N Hicks Pedrón & E A Medova & J E Scott & A Sembos, 2000. "Planning logistics operations in the oil industry," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 51(11), pages 1271-1288, November.
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    Cited by:

    1. Miguel A. Lejeune, 2012. "Pattern-Based Modeling and Solution of Probabilistically Constrained Optimization Problems," Operations Research, INFORMS, vol. 60(6), pages 1356-1372, December.

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