Robust Satisficing

Daniel Zhuoyu Long
Daniel Zhuoyu Long
[email protected]
https://orcid.org/0000-0002-1686-0721
Department of Systems Engineering and Engineering Management, The Chinese University of Hong Kong, Hong Kong, China
Search for more papers by this author
,
Melvyn Sim
Melvyn Sim
[email protected]
https://orcid.org/0000-0001-9798-2482
Department of Analytics and Operations (DAO), NUS Business School, National University of Singapore, Singapore 119245
Search for more papers by this author
,
Minglong Zhou
Minglong Zhou
[email protected]
https://orcid.org/0000-0002-3249-571X
Department of Management Science, School of Management, Fudan University, Shanghai 200437, China
Search for more papers by this author

Department of Systems Engineering and Engineering Management, The Chinese University of Hong Kong, Hong Kong, China

Search for more papers by this author

Melvyn Sim

[email protected]

https://orcid.org/0000-0001-9798-2482

Department of Analytics and Operations (DAO), NUS Business School, National University of Singapore, Singapore 119245

Search for more papers by this author

Minglong Zhou

[email protected]

https://orcid.org/0000-0002-3249-571X

Department of Management Science, School of Management, Fudan University, Shanghai 200437, China

Search for more papers by this author

Published Online:1 Feb 2022https://doi.org/10.1287/opre.2021.2238

Supplemental Material

opre.2021.2238.sm1.pdf

Cited by
- The problem of operating-room scheduling: exploring the gap between theory and practice
  23 April 2026 | International Journal of Operations & Production Management, Vol. 46, No. 13
- “Robust multi-objective optimization in home energy management systems using the augmented ε-constraint”
  Renewable Energy Focus, Vol. 58
- A roadside unit location problem under uncertainty in demand, migration, and processing
  Transportation Research Part E: Logistics and Transportation Review, Vol. 213
- Drone pre-positioning and scheduling for emergency response in ports
  Transportation Research Part E: Logistics and Transportation Review, Vol. 213
- Utility elicitation and maximization from uncertain certainty equivalents
  8 August 2025 | IISE Transactions, Vol. 58, No. 7
- Distributionally robust online portfolio selection with ESG scores
  13 October 2025 | IISE Transactions, Vol. 58, No. 7
- Analytics with Robust Epidemiological Compartmental Optimization Models
  Chenyi Fu,
  Minglong Zhou,
  Zhiyuan Lou,
  Jingui Xie,
  Melvyn Sim,
  Kelvin Bryan Tan
  23 February 2026 | Manufacturing & Service Operations Management, Vol. 28, No. 4
- Newsvendor Under Ambiguity and Misspecification
  Feng Liu,
  Zhi Chen,
  Ruodu Wang,
  Shuming Wang
  27 May 2026 | Manufacturing & Service Operations Management, Vol. 0, No. 0
- Strengthened and Faster Linear Approximation to Joint Chance Constraints with Wasserstein Ambiguity
  Yihong Zhou,
  Yuxin Xia,
  Hanbin Yang,
  Thomas Morstyn
  12 May 2026 | INFORMS Journal on Computing, Vol. 0, No. 0
- Transfer Learning, Cross Learning and Co-Learning with Operational Data Analytics (ODA)
  Qi Feng,
  Lei Li,
  J. George Shanthikumar
  7 May 2026 | Management Science, Vol. 0, No. 0
- Robust inventory routing problem considering budget violation under demand uncertainty
  25 July 2025 | IISE Transactions, Vol. 58, No. 5
- Refining Data-driven Upfront Reservation Discount Pricing Via Inverse Inferring Newsvendor Transactions
  5 November 2025 | Production and Operations Management, Vol. 35, No. 5
- A simple threshold captures the social learning of conventions
  22 April 2026 | Proceedings of the National Academy of Sciences, Vol. 123, No. 17
- Service-Oriented Considerate Routing: Data, Predictions, and Robust Decisions
  Yue Zhao,
  Zhixing Luo,
  Stanley Frederick W. T. Lim,
  Caihua Chen,
  Melvyn Sim
  24 April 2026 | Management Science, Vol. 0, No. 0
- Robust depot location and inventory management in bike-sharing systems under government supervision
  1 April 2026 | ENGINEERING Management, Vol. 59
- Distributionally robust fault detection trade-off design with prior fault information
  Control Engineering Practice, Vol. 169
- Joint Capacity Allocation and Job Assignment Under Uncertainty
  Peng Wang,
  Yun Fong Lim,
  Gar Goei Loke
  2 July 2025 | Operations Research, Vol. 74, No. 2
- Adjustable Target‐Oriented Robust Optimization for Inventory Management
  24 August 2025 | Naval Research Logistics (NRL), Vol. 73, No. 2
- Robust satisficing newsvendor problem
  Operations Research Letters, Vol. 65
- Robust Monopoly Pricing With Asymmetric Information
  30 July 2025 | Production and Operations Management, Vol. 35, No. 2
- Minimax Optimal Estimation of Stability Under Distribution Shift
  Hongseok Namkoong,
  Yuanzhe Ma,
  Peter W. Glynn
  22 April 2025 | Operations Research, Vol. 74, No. 1
- Differential Privacy via Distributionally Robust Optimization
  Aras Selvi,
  Huikang Liu,
  Wolfram Wiesemann
  10 March 2025 | Operations Research, Vol. 74, No. 1
- Robust Actionable Prescriptive Analytics
  Li Chen,
  Melvyn Sim,
  Xun Zhang,
  Long Zhao,
  Minglong Zhou
  30 May 2025 | Operations Research, Vol. 74, No. 1
- Toward Distributional Robustness in Control: An Emerging Data-Driven Paradigm
- Risk mitigation in green technology investment
- Discounted-likelihood valuation of variance and volatility swaps
  6 January 2025 | Financial Innovation, Vol. 11, No. 1
- Robust Optimization with Moment-Dispersion Ambiguity
  Li Chen,
  Chenyi Fu,
  Fan Si,
  Melvyn Sim,
  Peng Xiong
  16 December 2024 | Operations Research, Vol. 73, No. 6
- Robust Road-Side Unit Location Problem
  23 May 2025 | Production and Operations Management, Vol. 34, No. 11
- Newsvendor Problems With Product Unbundling: An Approach Combining Robust Optimization With Deep Reinforcement Learning
  20 June 2025 | Production and Operations Management, Vol. 34, No. 11
- Data-driven mobile charging system design with uncertain demand: bridging EV owners and rail transit
  8 October 2025 | Transportmetrica A: Transport Science, Vol. 16
- Sequential decision-making under uncertainty: a robust MDPs review
  18 August 2025 | Annals of Operations Research, Vol. 353, No. 3
- A robust satisficing multi-objective optimization approach for bike-sharing systems with heterogeneous user types
  Transportation Research Part E: Logistics and Transportation Review, Vol. 202
- Learning Against Distributional Uncertainty: On the Trade-Off Between Robustness and Specificity
  IEEE Journal of Selected Topics in Signal Processing, Vol. 19, No. 7
- Feature-Driven Microgrid Economic Dispatch via Solar-Induced Contingent Balancing Satisficing
  IEEE Transactions on Sustainable Energy, Vol. 16, No. 4
- Delay-tolerated vehicle positioning and scheduling problem at terminal aprons: a target-oriented robust optimisation approach
  4 March 2025 | International Journal of Production Research, Vol. 63, No. 17
- The Analytics of Robust Satisficing: Predict, Optimize, Satisfice, Then Fortify
  Melvyn Sim,
  Qinshen Tang,
  Minglong Zhou,
  Taozeng Zhu
  7 October 2024 | Operations Research, Vol. 73, No. 5
- A Data-Driven Cost Budget Satisficing Model for Unit Commitment Under Solar Power Uncertainty
  IEEE Transactions on Power Systems, Vol. 40, No. 5
- Should KOL live streaming be adopted? A target-oriented newsvendor analysis of supply chain performance
  5 August 2025 | International Journal of Production Research
- Robust optimization approaches in inventory management: Part A—the survey
  13 August 2024 | IISE Transactions, Vol. 57, No. 7
- On the Equivalence and Performance of Distributionally Robust Optimization and Robust Satisficing Models
  Zhiyuan Wang,
  Lun Ran,
  Minglong Zhou,
  Long He
  29 April 2025 | Manufacturing & Service Operations Management, Vol. 27, No. 4
- Distributional utility preference robust optimization models in multi-attribute decision making
  17 July 2024 | Mathematical Programming, Vol. 212, No. 1-2
- A two-stage robust satisficing model for equitable EV-sharing system with parking-charging slots
  19 June 2025 | Transportmetrica A: Transport Science, Vol. 23
- Integer programming approaches for distributionally robust chance constraints with adjustable risks
  Computers & Operations Research, Vol. 177
- A Target-Driven Unit Commitment Model Based on Robust Uncertainty Satisficing Optimization
- The Benefit of Uncertainty Coupling in Robust and Adaptive Robust Optimization
  Dimitris Bertsimas; ,
  Liangyuan Na; ,
  Bartolomeo Stellato,
  Irina Wang
  17 December 2024 | INFORMS Journal on Optimization, Vol. 7, No. 2
- Robust satisficing model with Sinkhorn distance
  27 September 2024 | Optimization Letters, Vol. 19, No. 3
- Data-driven robust flexible personnel scheduling
  Computers & Operations Research, Vol. 176
- Budget-Driven Multiperiod Hub Location: A Robust Time-Series Approach
  Jie Hu; ,
  Zhi Chen; ,
  Shuming Wang
  19 November 2024 | Operations Research, Vol. 73, No. 2
- Robust Workforce Management with Crowdsourced Delivery
  Chun Cheng; ,
  Melvyn Sim; ,
  Yue Zhao
  4 November 2024 | Operations Research, Vol. 73, No. 2
- Robustness assessment of climate policies towards carbon neutrality: A DRO-IAMS approach
  Computers & Operations Research, Vol. 174
- On Globalized Robust Kalman Filter Under Model Uncertainty
  IEEE Transactions on Automatic Control, Vol. 70, No. 2
- Data-Driven Shelf Stocking: Robustness and Vertical-Location Effect
  7 October 2024 | Production and Operations Management, Vol. 34, No. 2
- Financial hedging incentive contracts in global supply chains: A distributionally robust approach
  2 October 2024 | Managerial and Decision Economics, Vol. 46, No. 1
- Distributionally robust optimization for pre-disaster facility location problem with 3D printing
  Transportation Research Part E: Logistics and Transportation Review, Vol. 193
- Joint Optimization of Robust Portfolio Selection and Risk Response in R&D Project Management
  IEEE Transactions on Engineering Management, Vol. 72
- Distributionally Robust Multi-Stage Decision Problem and Satisficing
  1 January 2025 | SSRN Electronic Journal, Vol. 11
- Data-driven resource allocation for multi-target attainment
  European Journal of Operational Research, Vol. 318, No. 3
- Fifty years of portfolio optimization
  European Journal of Operational Research, Vol. 318, No. 1
- Globalized distributionally robust optimization problems under the moment-based framework
  4 July 2023 | Optimization, Vol. 73, No. 9
- Target-oriented robust satisficing models for the single machine scheduling problems with release time
  Computers & Operations Research, Vol. 167
- Advance selling under uncertain supply and demand: a robust newsvendor perspective
  24 August 2022 | International Transactions in Operational Research, Vol. 31, No. 4
- Optimizing emergency supply pre-positioning for disaster relief: A two-stage distributionally robust approach
  Computers & Operations Research, Vol. 166
- Fragility-based lot-sizing in veterinary pharmaceutical plants under demand uncertainty
  24 August 2023 | International Journal of Production Research, Vol. 62, No. 10
- Data-Driven Optimization with Distributionally Robust Second Order Stochastic Dominance Constraints
  Chun Peng,
  Erick Delage
  22 November 2022 | Operations Research, Vol. 72, No. 3
- Optimal-transport satisficing with applications to capacitated hub location
  Computers & Operations Research, Vol. 165
- Globalized distributionally robust optimization based on samples
  6 October 2023 | Journal of Global Optimization, Vol. 88, No. 4
- Robust Optimization
  24 May 2024
- Target-Oriented Regret Minimization for Satisficing Monopolists
  31 December 2023
- Optimization Under Uncertainty
  26 February 2024
- Robust Road-Side Unit Location Problem
  1 January 2024 | SSRN Electronic Journal, Vol. 13
- Utility Elicitation and Maximization from Uncertain Certainty Equivalents
  1 January 2024 | SSRN Electronic Journal, Vol. 46
- Service Oriented Considerate Routing: Data, Predictions and Robust Decisions
  1 January 2024 | SSRN Electronic Journal, Vol. 63
- Robust LNG sales planning under demand uncertainty: A data-driven goal-oriented approach
  Digital Chemical Engineering, Vol. 9
- Distributionally robust production and replenishment problem for hydrogen supply chains
  Transportation Research Part E: Logistics and Transportation Review, Vol. 179
- Globalized Distributionally Robust Counterpart
  Feng Liu,
  Zhi Chen,
  Shuming Wang
  16 May 2023 | INFORMS Journal on Computing, Vol. 35, No. 5
- Robust decision of supply chain with risk aversion under supply uncertainty
  14 July 2022 | Journal of Ambient Intelligence and Humanized Computing, Vol. 14, No. 9
- Data-driven robust optimization for contextual vehicle rebalancing in on-demand ride services under demand uncertainty
  Transportation Research Part C: Emerging Technologies, Vol. 154
- The framework of parametric and nonparametric operational data analytics
  1 September 2023 | Production and Operations Management, Vol. 32, No. 9
- RSOME in Python: An Open-Source Package for Robust Stochastic Optimization Made Easy
  Zhi Chen,
  Peng Xiong
  30 March 2023 | INFORMS Journal on Computing, Vol. 35, No. 4
- Federated learning for green shipping optimization and management
  Advanced Engineering Informatics, Vol. 56
- Robust Workforce Management with Crowdsourced Delivery
  1 January 2023 | SSRN Electronic Journal, Vol. 98
- On the Performance of Recent Robust Decision Models in Different OM Applications
  1 January 2023 | SSRN Electronic Journal, Vol. 64
- Target-oriented Robust Satisficing Models for the Single Machine Scheduling Problems with Release Time
  1 January 2023 | SSRN Electronic Journal, Vol. 93
- Robust Optimization with Moment-Dispersion Ambiguity
  1 January 2023 | SSRN Electronic Journal, Vol. 60
- Distributionally Robust Multi-Product Newsvendors: A Shadow-Price Perspective
  1 January 2023 | SSRN Electronic Journal, Vol. 67
- Transfer Learning, Cross Learning and Co-Learning Across Newsvendor Systems with Operational Data Analytics (ODA)
  1 January 2023 | SSRN Electronic Journal, Vol. 13
- Robust Continuous-Time Service Network Design under Travel Time Uncertainty
  1 January 2023 | SSRN Electronic Journal, Vol. 52
- Advance admission scheduling via resource satisficing
  1 November 2022 | Production and Operations Management, Vol. 31, No. 11
- Tight Bounds for a Class of Data-Driven Distributionally Robust Risk Measures
  3 February 2022 | Applied Mathematics & Optimization, Vol. 85, No. 1
- Robust Assortment Revenue Optimization and Satisficing
  SSRN Electronic Journal, Vol. 66
- Joint Capacity Allocation and Job Assignment under Uncertainty
  SSRN Electronic Journal, Vol. 58
- Robust Explainable Prescriptive Analytics
  SSRN Electronic Journal, Vol. 58
- Budget-Driven Multi-Period Hub Location: A Robust Time Series Approach
  SSRN Electronic Journal, Vol. 292
- The Analytics of Robust Satisficing
  SSRN Electronic Journal, Vol. 126
- Robust Conic Satisficing
  SSRN Electronic Journal, Vol. 149
- Tractable Robust Supervised Learning Models
  SSRN Electronic Journal, Vol. 24
- Exploiting Hidden Convexity in Queueing Networks: A Novel Approach to Optimal Control of Flows
  SSRN Electronic Journal, Vol. 5

Volume 71, Issue 1

January-February 2023

Pages iii-v, 1-395, C2-C3

Article Information

Supplemental Material

Metrics

Information

Received:March 12, 2021
Accepted:October 14, 2021
Published Online:February 01, 2022

Cite as

Daniel Zhuoyu Long, Melvyn Sim, Minglong Zhou (2022) Robust Satisficing. Operations Research 71(1):61-82.

https://doi.org/10.1287/opre.2021.2238

Keywords

Acknowledgments

The authors thank the associate editor and the two anonymous reviewers for their useful and insightful comments that have significantly improved the paper. The authors are grateful to Trevor Zhen for his helpful comments in the earlier draft, especially in highlighting the connection to the GRC-sum model of Ben-Tal et al. (2017).

PDF download

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Robust Satisficing

Supplemental Material

Volume 71, Issue 1

Article Information

Supplemental Material

Metrics

Information

Cite as

Keywords

Sign Up for INFORMS Publications Updates and News