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Books > Science & Mathematics > Mathematics > Applied mathematics > Mathematical modelling
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Modeling Discrete Competitive Facility Location (Paperback, 1st ed. 2015)
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Modeling Discrete Competitive Facility Location (Paperback, 1st ed. 2015)
Series: SpringerBriefs in Optimization
Expected to ship within 10 - 15 working days
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This book presents an up-to-date review of modeling and
optimization approaches for location problems along with a new
bi-level programming methodology which captures the effect of
competition of both producers and customers on facility location
decisions. While many optimization approaches simplify location
problems by assuming decision making in isolation, this monograph
focuses on models which take into account the competitive
environment in which such decisions are made. New insights in
modeling, algorithmic and theoretical possibilities are opened by
this approach and new applications are possible. Competition on
equal term plus competition between market leader and followers are
considered in this study, consequently bi-level optimization
methodology is emphasized and further developed. This book provides
insights regarding modeling complexity and algorithmic approaches
to discrete competitive location problems. In traditional location
modeling, assignment of customer demands to supply sources are made
for which the associated costs target the firm and not the
customers, though in many real world situations the cost is
incurred by the customers. Moreover, there may be customer
competition for the provided services. Thus, a new methodological
framework is needed in order to encompass such considerations into
the modeling and solution process. This book offers initial
directions for further research and development along these lines.
Aimed toward graduate students and researchers in the field of
mathematics, computer science, operational research and game
theory, this title provides necessary information on which further
research contributions can be based.
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