Title
Investigation of practical, robust and flexible decisions for facility location problems using tabu search and simulation Investigation of practical, robust and flexible decisions for facility location problems using tabu search and simulation
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Basingstoke ,
Subject
Economics
Computer. Automation
Source (journal)
Journal of the Operational Research Society. - Basingstoke
Volume/pages
59(2008) :5 , p. 624-636
ISSN
0160-5682
ISI
000255056800006
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
We investigate how robust and flexible solutions of stochastic capacitated facility location problems (CFLPs) can be obtained by combining metaheuristic optimization with Monte Carlo sampling techniques. To this end, we develop a tabu search procedure for the CFLP, and use this to solve an extensive set of stochastic versions of this problem.
E-info
http://www.jstor.org/stable/30132730
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