Inverse Optimization: An Application to the Capacitated Plant Location Problem
Gabriel R. Bitran,
Vijaya Chandru,
Dorothy E. Sempolinski and
Jeremy F. Shapiro
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Gabriel R. Bitran: Massachusetts Institute of Technology
Vijaya Chandru: Massachusetts Institute of Technology
Dorothy E. Sempolinski: Corning Glass Works, Corning, New York
Jeremy F. Shapiro: Massachusetts Institute of Technology
Management Science, 1981, vol. 27, issue 10, 1120-1141
Abstract:
Lagrangean techniques have had wide application to the optimization of discrete optimization problems. Inverse optimization refers to the fact that each time a Lagrangean calculation is made for a specific problem with a given resources vector, an optimal solution is obtained for a related problem with a suitably adjusted resources vector. This property is studied in depth for the capacitated plant location problem and new parametric methods for that problem are suggested. Computational experience is reported.
Keywords: programming:; integer; algorithms (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:27:y:1981:i:10:p:1120-1141
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