The Expected Maximum Distance Objective in Facility Location
Oded Berman,
Zvi Drezner and
George O. Wesolowsky
Journal of Regional Science, 2003, vol. 43, issue 4, 735-748
Abstract:
Abstract In this paper we introduce a new objective function for the minimax location problem. Every demand point generates demand for service with a given probability (during a given period of time) and the objective is to minimize the expected maximum distance. The planar problem is proven to be convex and thus standard solution techniques such as using the Solver in Excel can be applied for its solution. Properties for the problem on the network are proven and an efficient algorithm proposed for its solution.
Date: 2003
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https://doi.org/10.1111/j.0022-4146.2003.00318.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:jregsc:v:43:y:2003:i:4:p:735-748
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