The localization problem

Catalin Angelo Ioan and Gina Ioan ()

EuroEconomica, 2014, issue 2(33), 153-161

Abstract: This paper solve completely the problem of determining a point that realizes the minimum weighted sum of the distances to an arbitrary number of points. There are treated the two cases corresponding to existing roads - using graph theory and where roads will built later - by analytical methods. The latter problem is solved, in principle, for n points and practical for three points.

Keywords: intra-industry trade; panel analysis; Romania. (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:dug:journl:y:2014:i:2:p:153-161

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