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| Titel: |
The Treatment of Revenue Generation Effects of Facility Location |
| Auteur: |
Truscott, William G. |
| Verschenen in: |
IIE transactions |
| Paginering: | Jaargang 7 (1975) nr. 1 pagina's 63-69 |
| Jaar: |
1975-03-01 |
| Inhoud: |
Facility location research has paid little attention to the revenue generation aspect of the location decision. However, the choice of facility locations can seriously influence the amount of revenue obtained through its effect on service factors such as delivery time and the compatibility of distribution systems. A discrete multi-facility model that analyzes tradeoffs between revenue implications and conventional cost considerations is presented. In this model, prices realized and quantities demanded are dependent on the selection of facilities to supply each demand center. The model is discussed from the standpoint of its potential application and is shown to have a number of practical advantages over the previous treatment of demand effects of facility location in the literature. This model is formulated as a zero-one linear program, and an exact algorithm for its solution is developed. The new algorithm is shown to be considerably more computationally efficient than a well-known code for zero-one problems. Further, the simplicity and shortness of the code required for this algorithm make it a readily available technique for users of the model. Possible modifications of the model and the algorithm are discussed to indicate the general applicability of this research. |
| Uitgever: |
Taylor & Francis |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 13 van 13 gevonden artikelen
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