English, Article, Journal or magazine article edition: Incorporating waiting time in competitive location models: formulations and heuristics Francisco Silva; Daniel Serra

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Bookmark: http://trove.nla.gov.au/version/155113
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Incorporating waiting time in competitive location models: formulations and heuristics
Author
  • Francisco Silva
  • Daniel Serra
Physical Description
  • preprint
Notes
  • In this paper we propose a metaheuristic to solve a new version of the Maximum Capture Problem. In the original MCP, market capture is obtained by lower traveling distances or lower traveling time, in this new version not only the traveling time but also the waiting time will affect the market share. This problem is hard to solve using standard optimization techniques. Metaheuristics are shown to offer accurate results within acceptable computing times.
  • Market capture, queuing, ant colony optimization
  • RePEc:upf:upfgen:1091
Language
  • English
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