A Chance Constrained Goal Programming Model for Location-Routing Problem Under Uncertainty
Yang Liu (),
Yun Yuan (),
Yi Chen (),
Lingxiao Ruan () and
Hao Pang ()
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Yang Liu: Nanjing Agricultural University
Yun Yuan: Nanjing Agricultural University
Yi Chen: Nanjing Agricultural University
Lingxiao Ruan: Nanjing Agricultural University
Hao Pang: Nanjing Agricultural University
A chapter in LISS 2013, 2015, pp 105-116 from Springer
Abstract:
Abstract This paper presents a new approach to model location-routing problem. Taking into account the priority level of decision making and random nature of costs and travel time, we extend the location-routing problem with distance constraints (LRP-DC) by adopting chance constrained goal programming approach to solve the uncertainty and to express the different levels of decisions. Meanwhile, a two-stage genetic algorithm incorporated with stochastic simulation is employed to solve the model with increased accuracy and efficiency. Computational experience is presented to illustrate the effectiveness of the solution procedure.
Keywords: Location routing; Logistics; Stochastic programming; Bi-level genetic algorithm (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40660-7_15
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DOI: 10.1007/978-3-642-40660-7_15
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