Distributionally Robust Optimization Based on the Wasserstein Metric: A Collaborative Optimization Model of Business Interruption Insurance Purchase and Operational Measures Under Uncertain Supply Chain Disruptions
Published in Under Review at European Journal of Operational Research, 2024
This paper proposes a collaborative optimization model for business interruption insurance and operational measures to address uncertain supply chain disruptions using a distributionally robust planning approach based on the Wasserstein metric.