Huang et al. (2011) comprise forecasting decisions, propose a
decision model based on an optimization model and an improved
depth-first search method. Chen and Miller-Hooks (2012) design
a framework employing Benders’ decomposition, column generation,
and Monte Carlo simulation, and Miller-Hooks et al. (2012)
present an integer L-shaped method and Monte Carlo simulation
to solve this problem. Although all these three groups test their
models on small instances, they provide interesting results. For instance,
both Chen and Miller-Hooks (2012) and Miller-Hooks et al.
(2012) indicate that competing measures such as reliability and
flexibility that do not consider recovery actions may underestimate
the network’s ability to cope with unexpected events.