An exact approach for the reliable fixed-charge location problem with capacity constraints
Maria Albareda-Sambola,
Mercedes Landete,
Juan F. Monge and
José L. Sainz-Pardo
European Journal of Operational Research, 2023, vol. 311, issue 1, 24-35
Abstract:
Introducing capacities in the reliable fixed charge location problem is a complex task since successive failures might yield in high facility overloads. Ideally, the goal consists in minimizing the total cost while keeping the expected facility overloads under a given threshold. Several heuristic approaches have been proposed in the literature for dealing with this goal. In this paper, we present the first exact approach for this problem, which is based on a cutting planes algorithm. Computational results illustrate its good performance.
Keywords: Location; Discrete location problems; Reliability models; Expected overload; Capacitated facilities (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:311:y:2023:i:1:p:24-35
DOI: 10.1016/j.ejor.2023.04.017
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