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Investigation of practical, robust and flexible decisions for facility location problems using tabu search and simulation

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  • K Sörensen

    (University of Antwerp)

Abstract

We investigate how robust and flexible solutions of stochastic capacitated facility location problems (CFLPs) can be obtained by combining metaheuristic optimization with Monte Carlo sampling techniques. To this end, we develop a tabu search procedure for the CFLP, and use this to solve an extensive set of stochastic versions of this problem.

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  • K Sörensen, 2008. "Investigation of practical, robust and flexible decisions for facility location problems using tabu search and simulation," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(5), pages 624-636, May.
    • Handle: RePEc:pal:jorsoc:v:59:y:2008:i:5:d:10.1057_palgrave.jors.2602332
    DOI: 10.1057/palgrave.jors.2602332
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