Conclusions

Abstract

The preceding chapters cover anticipatory optimization for dynamic decision making. Chapter 1 illustrates the characteristics of the emerging decision problems that raise the need for anticipatory optimization. It exemplifies the influences of globalization, of the progress of information technology and of the increasing resource prices on the operations of many companys. Due to these influences a large number of operations must nowadays be conducted under increasingly dynamic and uncertain conditions. Chapter 1 shows by means of examples from different contexts that such operations may be considered as dynamic decision processes.