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A Simultaneous Inventory Control and Facility Location Model with Stochastic Capacity Constraints

โœ Scribed by Pablo A. Miranda; Rodrigo A. Garrido

Book ID
106485217
Publisher
Springer US
Year
2006
Tongue
English
Weight
799 KB
Volume
6
Category
Article
ISSN
1566-113X

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๐Ÿ“œ SIMILAR VOLUMES

An approximation algorithm for a facilit
An approximation algorithm for a facility location problem with stochastic demands and inventories
โœ A.F. Gabor; J.C.W. van Ommeren ๐Ÿ“‚ Article ๐Ÿ“… 2006 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 176 KB

We propose a 2-approximation algorithm for a facility location problem with stochastic demands. At open facilities, inventory is kept such that arriving requests find a zero inventory with (at most) some pre-specified probability. Costs incurred are expected transportation costs, facility operating