This paper presents a survey of chance-constrained programming results and applications. It begins with a detailed discussion of the basic concepts involved in chance-constrained programming. This discussion is followed by a summary of results which have been established for a variety of chance-constrained models. Then a survey of applications is considered. Here the applicability of chance-constrained models to problems in financial planning and competitive decision making is emphasized.
Systems research memo.,
Prepared in cooperation with Dalhousie Univ., Halifax (Nova Scotia). Presented at the International Symposium on Mathematical Programming, Princeton Univ., N. J., 15 Aug 67.