This research develops a regression-based Robust Optimization (RO) approach to efficiently predict the number of patients with confirmed infection caused by the recent Coronavirus Disease (COVID-19). The main idea is to study the dynamics of the COVID-19 outbreak at the first stage and then provide efficient insights to estimate the necessary resources accordingly. The convex RO with Mean Absolute Deviation (MAD) objective function is utilized to project the course of COVID-19 epidemic in Iran. To validate the performance of the suggested model, a real-case study is investigated and compared to several well-known forecasting models including Simple Moving Average, Exponential Moving Average, Weighted Moving Average and Exponential Smoothing with Trend Adjustment models. Furthermore, the effect of parameter uncertainties is examined using a set of sensitivity analyses. The results demonstrate that by increasing the degree (coefficient) of regression up to 8, MAD value decreases to 1378.12, and consequently, the corresponding equation becomes more accurate. On the other hand, from the 8th degree onwards, MAD value follows an upward trend. Furthermore, by increasing the level of regression uncertainty, MAD value follows a downward trend to reach 1309.28 and the estimation accuracy of the model increases accordingly. Finally, our proposed model achieves the least MAD and the greatest correlation coefficient against the other models.
This research proposes a new framework for agri-food capacity production by considering resiliency and robustness and paying attention to disruption and risk for the first time. It is applied robust stochastic optimization by adding robustness to the constraint's objective function and resiliency situation. This research minimizes the mean absolute deviation and coefficient of standard deviation errors by linear function in the agri-food capacity production. This study suggests agri-food managers and decision-makers use this mathematical method to forecast and improve production management. The results of this research lead to better decision-making and are compared with other sine functions. The main model's Robust and Resiliency Mean Absolute Deviation (RRMAD) value is 1.28% lower than other sine-type functions. The conservativity coefficient, confidence level, weight factor, resiliency coefficient, and probability of the scenario vary. The main model's RRMAD value is 1.28% lower than other sine-type functions. Growing the weight factor will result in an increase in RRMAD and a smooth decline in R-squared. Additionally, as the resilience coefficient rises, the RRMAD function increases while the R-squared declines. By altering the probability of the scenario, the RRMAD function drops, and the R-squared goes up.
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