When conducting robust optimization
I. Use the maximum value of each objective function coefficient for a maximization problem.
II. Use the minimum value of each objective function coefficient for a maximization problem.
III. Use the maximum value of each objective function coefficient for a minimization problem.
A) I only
B) II only
C) III only
D) I and III only
E) II and III only

Question

Quizplus · Accepted Answer

In robust optimization, for a maximization problem, you use the minimum value of each objective function coefficient to ensure that the solution is feasible under the worst-case scenario. Conversely, for a minimization problem, you use the maximum value of each objective function coefficient to ensure the solution remains optimal even in the worst-case scenario.

When Conducting Robust Optimization