A Metaheuristic for Solving Large-Scale Two-Stage Stochastic Mixed 0-1 Programs with the Time Stochastic Dominance Risk Averse Strategy

Supply Chain Design problems often result into multiperiod stochastic mixed integer problems that are hard to solve. In this paper we propose a metaheuristic algorithm as a specialization for two- stage problems of the so-named Fix-and-Relax Algorithm presented previously for solving large-scale…