A bi-objective uncapacitated facility location problem

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We consider a bi-objective model for uncapacitated facility location where one objective is to maximize the net profit and the other to maximize the profitability of the investment. We first characterize the structure of the model having both a linear and a fractional objective function. In order to generate efficient solutions for the model, we develop a heuristic procedure which has computational advantages over existing methods. A numerical example is presented to illustrate the solution process and computational tests on large scale problems are also provided. (C) 1997 Elsevier Science B.V.
Publisher
ELSEVIER SCIENCE BV
Issue Date
1997-08
Language
ENG
Article Type
Article
Citation

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, v.100, no.3, pp.608 - 616

ISSN
0377-2217
DOI
10.1016/S0377-2217(96)00168-3
URI
http://hdl.handle.net/10203/4256
Appears in Collection
KSIM-Journal Papers(저널논문)
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