Title of article
On minimax-regretHufflocationmodels$
Author/Authors
Lenys Bello ، نويسنده , , RafaelBlanquero، نويسنده , , EmilioCarrizosa ، نويسنده ,
Issue Information
ماهنامه با شماره پیاپی سال 2011
Pages
8
From page
90
To page
97
Abstract
We addressthefollowingsingle-facilitylocationproblem:afirmisenteringintoamarketbylocating
one facilityinaregionoftheplane.Thedemandcapturedfromeachuserbythefacilitywillbe
proportionaltotheusersbuyingpowerandinverselyproportionaltoafunctionoftheuser-facility
distance.Uncertaintyexistsonthebuyingpower(weight)oftheusers.Thisismodeledbyassuming
that asetofscenariosexists,eachscenariocorrespondingtoaweightrealization.Theobjectiveisto
locate thefacilityfollowingtheSavagecriterion,i.e.,theminimax-regretlocationissought.The
problemisformulatedasaglobaloptimizationproblemwithobjectivewrittenasdifferenceoftwo
convex monotonicfunctions.Thenumericalresultsobtainedshowthatabranchandboundusingthis
new methodforobtainingboundsclearlyoutperformsbenchmarkprocedures.
Keywords
Huff model , Continuous location , DC functions , DCM functions , Global optimization , Minimax regret
Journal title
Computers and Operations Research
Serial Year
2011
Journal title
Computers and Operations Research
Record number
927837
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