Explain how quadratic programming is used in the real world. Provide a specific example from your own line of work, or a line of work that you find particularly interesting. Indicate explicitly and qualitatively what Z, x, Q, C, A, and b are in your example.

Describe how you would handle solving a quadratic programming problem in which some of the problem parameters are random variables as opposed to being constant values. Make sure that you include a specific example of application in your response.