A Nonlinear Approximation Method for Solving a Generalized Rectangular Distance Weber Problem
G. O. Wesolowsky and
R. F. Love
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G. O. Wesolowsky: McMaster University, Hamilton, Ontario
R. F. Love: University of Wisconsin, Madison
Management Science, 1972, vol. 18, issue 11, 656-663
Abstract:
This paper provides a method for approximating optimal location in a multi-facility Weber problem where rectangular distances apply. Optimality is achieved when the sum of weighted distances is minimized. Two upper bounds on the error incurred by using the approximation are developed. The formulation can be used in convex programming to solve some nonlinearly constrained problems.
Date: 1972
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:18:y:1972:i:11:p:656-663
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