**1.8 Applications of stochastic programming**

Stochastic programming has been applied to a wide variety of areas. Some of the specific problems are part of the Stochastic Programming test set. Other applications are listed as follows: Manufacturing Production Planning, Manufacturing production capacity planning, Machine Scheduling, Freight scheduling, Dairy Farm Expansion planning, Macroeconomic modeling and planning, Timber management, Asset Liability Management, Portfolio selection, Traffic management, Optimal truss design, Automobile Dealership inventory management, Lake level management.
