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22

SAGA
2005
Springer

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Dynamic Facility Location with Stochastic Demands

13 years 9 months ago

Dynamic Facility Location with Stochastic Demands

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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.

Martin Romauch, Richard F. Hartl

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Exact Solution Method | SAGA 2005 | Stochastic Dynamic Facility | Stochastic Dynamic Programming |

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Added	28 Jun 2010
Updated	28 Jun 2010
Type	Conference
Year	2005
Where	SAGA
Authors	Martin Romauch, Richard F. Hartl

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