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A New Chance-Constrained Maximum Capture Location Problem.
- Source :
-
Annals of Operations Research . Sep2003, Vol. 122 Issue 1-4, p121-139. 19p. 8 Charts. - Publication Year :
- 2003
-
Abstract
- The paper presents a new model based on the basic Maximum Capture model, MAXCAP. The new Chance-Constrained Maximum Capture model introduces a stochastic threshold constraint, which recognises the fact that a facility can be open only if a minimum level of demand is captured. A metaheuristic based on Max-Min Ant System and Tabu Search procedure is presented to solve the model. This is the first time that the Max-Min Ant system is adapted to solve a location problem. Computational experience and an application to 55-node network are also presented. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 02545330
- Volume :
- 122
- Issue :
- 1-4
- Database :
- Academic Search Index
- Journal :
- Annals of Operations Research
- Publication Type :
- Academic Journal
- Accession number :
- 18724052
- Full Text :
- https://doi.org/10.1023/A:1026194423072