The multi facility competitive location problem

T Drezner, Z Drezner, Said Salhi

Research output: Contribution to journalArticle

82 Citations (Scopus)

Abstract

In this paper we propose five heuristic procedures for the solution of the multiple competitive facilities location problem. A franchise of several facilities is to be located in a trade area where competing facilities already exist. The objective is to maximize the market share captured by the franchise as a whole. We perform extensive computational tests and conclude that a two-step heuristic procedure combining simulated annealing and an ascent algorithm provides the best solutions. (C) 2002 Elsevier Science B.V. All rights reserved.
Original languageEnglish
Pages (from-to)138-151
Number of pages14
JournalEuropean Journal of Operational Research
Volume142
DOIs
Publication statusPublished - 1 Jan 2002

Keywords

  • competitive facility location
  • heuristic algorithms
  • multiple facilities

Fingerprint

Dive into the research topics of 'The multi facility competitive location problem'. Together they form a unique fingerprint.

Cite this