We investigate risk-averse stochastic optimization problems with a risk-shaping constraint in the form of a stochastic-order relation. Both univariate and multivariate orders are considered. We extend ...

Optimization problems can be tricky, but they make the world work better. These kinds of questions, which strive for the best way of doing something, are absolutely everywhere. Your phone’s GPS ...

We walk through an optimization problem step by step, clearly explaining how to identify variables, set up the correct ...

Problem-solving is a key transferable skill, developing the use of strategic planning, logic, curiosity, an exploratory mindset and creativity across many disciplines. Problem-solving tasks can take ...