Research Magazine 2021

■ The two-stage stochastic programming model optimizes social cost effectively. ■ Total cost is a function of hurricane category and its interplay with risk. ■ Early deployment is preferable for strong hurricanes due to increased demand. ■ The number of dispensing sites increases exponentially with aversion to risk. ■ Funding lower severity-level supplies is preferred when the budget is limited. Executive Takeaways

Jomon A. Paul, Professor of Quantitative Analysis Minjiao Zhang, Associate Professor of Quantitative Analysis

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