The uncapacitated multi‐period facilities location problem with profit maximization
International Journal of Physical Distribution & Logistics Management
ISSN: 0960-0035
Article publication date: 1 August 1999
Abstract
The literature on the facilities location problem is quite extensive with a wide variety of solution methods for addressing these problems where the objective is cost minimization. Develops a branch and bound algorithm for solving the uncapacitated, multi‐period facility location problem where the objective is to maximize profits. The solution method uses a number of simplification and branching decision rules to solve the problem efficiently. Extensive computational results on the algorithm’s performance are provided. The results indicate that the algorithm provides optimal solutions in substantially less time than LINDO.
Keywords
Citation
Canel, C. and Das, S.R. (1999), "The uncapacitated multi‐period facilities location problem with profit maximization", International Journal of Physical Distribution & Logistics Management, Vol. 29 No. 6, pp. 409-433. https://doi.org/10.1108/09600039910283640
Publisher
:MCB UP Ltd
Copyright © 1999, MCB UP Limited