A Stochastic Programming Model with Decision Dependent Uncertainty Realizations for Technology Portfolio Management

Senay Solak, John-Paul Clarke, Ellis Johnson and Earl Barnes
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Senay Solak: Georgia Institute of Technology
John-Paul Clarke: Georgia Institute of Technology
Ellis Johnson: Georgia Institute of Technology
Earl Barnes: Georgia Institute of Technology

A chapter in Operations Research Proceedings 2007, 2008, pp 75-80 from Springer

Abstract: Abstract Technology development involves research and development (R&D) projects aimed to design, test and improve a technology, or the process of building a technology. Technology development is often an essential part of the operational strategy of an organization, during which deployment or implementation decisions are made. In most cases, organizations have several potential technologies with different characteristics that they can choose to invest in and develop using available resources. Selection of projects and allocation of the resources to the selected projects are important decisions with huge economic implications for an organization.

Date: 2008
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DOI: 10.1007/978-3-540-77903-2_12

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