Title
Dynamic facility location with stochastic demands
Abstract
In this paper, a Stochastic Dynamic Facility Location Problem (SDFLP) is formulated. In the first part, an exact solution method based on stochastic dynamic programming is given. It is only usable for small instances. In the second part a Monte Carlo based method for solving larger instances is applied, which is derived from the Sample Average Approximation (SAA) method.
Year
DOI
Venue
2005
10.1007/11571155_15
Lecture Notes in Computer Science
Keywords
Field
DocType
larger instance,sample average approximation,dynamic facility location,exact solution method,small instance,stochastic dynamic facility location,stochastic demand,stochastic dynamic programming,monte carlo,stochastic programming,facility location,stochastic calculus,monte carlo method,exact solution,modeling,dynamic programming
USable,Exact solutions in general relativity,Dynamic programming,Mathematical optimization,Monte Carlo method,Computer science,Stochastic calculus,Facility location problem,Travelling salesman problem,Stochastic programming
Conference
Volume
ISSN
ISBN
3777
0302-9743
3-540-29498-8
Citations 
PageRank 
References 
2
0.41
3
Authors
2
Name
Order
Citations
PageRank
Martin Romauch1725.42
Richard F. Hartl21863137.30