Covering models with time-dependent demand
Emilio Carrizosa (ecarrizosaus.es)
Abstract: In this paper a covering model for locating facilities with time-dependent demand is introduced. Not only the facility locations, but also the instants at which such facilities become operative, are considered as decision variables in order to determine the maximal-profit decision. Expressed as a mixed nonlinear integer program, structural properties are derived for particular demand patterns, and a metaheuristic procedure is proposed as optimization tool.
Keywords: covering models, competitive location, dynamic demand, maximal profit, variable neighbourhood search
Category 1: Applications -- OR and Management Sciences
Category 2: Applications -- OR and Management Sciences (Finance and Economics )
Category 3: Combinatorial Optimization (Meta Heuristics )
Citation: October 2007.
Entry Submitted: 03/13/2007
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