Modul
Optimization under Uncertainty [M-WIWI-103278]
Credits
9Recurrence
Jedes SemesterDuration
1 SemesterLanguage
GermanLevel
3Version
4Responsible
Organisation
- KIT-Fakultät für Wirtschaftswissenschaften
Part of
Bricks
Identifier | Name | LP |
---|---|---|
T-WIWI-102724 | Nonlinear Optimization I | 4.5 |
T-WIWI-106546 | Introduction to Stochastic Optimization | 4.5 |
T-WIWI-102714 | Tactical and Operational Supply Chain Management | 4.5 |
T-WIWI-106545 | Optimization under Uncertainty | 4.5 |
T-WIWI-106545 | Optimization under Uncertainty | 5 |
Competence Certificate
The assessment is carried out as partial exams (according to § 4(2), 1 of the examination regulation) of the single courses of this module, whose sum of credits must meet the minimum requirement of credits of this module.
The assessment procedures are described for each course of the module seperately.
The overall grade of the module is the average of the grades for each course weighted by the credits and truncated after the first decimal.
Competence Goal
The student
- denominates and describes basic notions for optimization methods under uncertainty, in particular from stochastic optimization,
- knows the indispensable methods and models for quantitative analysis,
- models and classifies optimization problems under uncertainty and chooses the appropriate solution methods to solve also challenging optimization problems independently and, if necessary, with the aid of a computer,
- validates, illustrates and interprets the obtained solutions, in particular of
- stochastic optimization problems.
Prerequisites
At least one of the courses Introduction to Stochastic Optimizationand Optimization approaches under uncertaintyhas to be taken.
Content
The module focuses on modeling and analyzing mathematical optimization problems where certain data is not fully present at the time of decision-making. The lectures on the introduction to stochastic optimization deal with methods to integrate distribution information into the mathematical model. The lectures on the optimization approaches under uncertainty offer alternative approaches such as robust optimization.
Recommendation
Knowledge from the lectures "Introduction to Operations Research I" and "Introduction to Operations Research II" are helpful.
Workload
The total workload of the module is about 240 hours. The workload is proportional to the credit points of the individual courses.