The efficient point algorithm proposed by J. F. Bard for the computation of the solution of the Linear Two-Stage Optimization Problem does not always converge to the desired solution. A counterexample is provided and the reasons for this lack of convergence are discussed.
A. Haurie, G. Savard, D. J. White, (1990) A Note on: An Efficient Point Algorithm for a Linear Two-Stage Optimization Problem. Operations Research 38(3):553-555.
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