A Note on a Simple Dynamic Programming Approach to the Single-Sink, Fixed-Charge Transportation Problem
Bahram Alidaee () and
Gary A. Kochenberger ()
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Bahram Alidaee: Hearin Center for Enterprise Science, School of Business, University of Mississippi, University, Mississippi 38677
Gary A. Kochenberger: Business School, University of Colorado at Denver, Denver, Colorado 80217
Transportation Science, 2005, vol. 39, issue 1, 140-143
Abstract:
The single-sink, fixed-charge transportation problem has a variety of applications, including supplier selection, product distribution/fleet selection, and process selection. In this paper we present a dynamic programming algorithm for solving this important problem that is very easy to implement and that improves considerably in terms of computational attractiveness on the best methods in the literature.
Keywords: fixed-charge transportation problem; dynamic programming; optimization (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:39:y:2005:i:1:p:140-143
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