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Solution of Discrete Competitive Facility Location Problem for Firm Expansion

Published: 01 January 2016 Publication History

Abstract

A new heuristic algorithm for solution of bi-objective discrete competitive facility location problems is developed and experimentally investigated by solving different instances of a facility location problem for firm expansion. The proposed algorithm is based on ranking of candidate locations for the new facilities, where rank values are dynamically adjusted with respect to behaviour of the algorithm. Results of the experimental investigation show that the proposed algorithm is suitable for the latter facility location problems and provides good results in sense of accuracy of the approximation of the true Pareto front.

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          cover image Informatica
          Informatica  Volume 27, Issue 2
          2016
          255 pages

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          IOS Press

          Netherlands

          Publication History

          Published: 01 January 2016

          Author Tags

          1. facility location
          2. multi-objective optimization
          3. heuristic algorithms

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