Multi-objective evolutionary algorithms for a reliability location problem
Javier Alcaraz,
Mercedes Landete,
Juan F. Monge and
José L. Sainz-Pardo
European Journal of Operational Research, 2020, vol. 283, issue 1, 83-93
Abstract:
Some location problems with unreliable facilities present two different objectives, one consisting of minimizing the opening and transportation costs if none of the facilities fail and another consisting of minimizing the expected transportation costs. Usually, these different targets are combined in a single objective function and the decision maker can obtain some different solutions weighting both objectives. However, if the decision maker prefers to obtain a diverse set of non-dominated optimal solutions, then such procedure would not be effective. We have designed and implemented two multi-objective evolutionary algorithms for the realibility fixed-charge location problem by exploiting the peculiarities of this problem in order to obtain sets of solutions that are properly distributed along the Pareto-optimal frontier. The computational results demonstrate the outstanding efficiency of the proposed algorithms, although they present clear differences.
Keywords: Location; Multi-objective location problems; Reliability models; Pareto frontier; Multi-objective evolutionary algorithms; Metaheuristics (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221719308951
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:283:y:2020:i:1:p:83-93
DOI: 10.1016/j.ejor.2019.10.043
Access Statistics for this article
European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati
More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().