Incorporating Waiting Time in Competitive Location Models : Formulations and Heuristics

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

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Year of publication:	[2008]
Authors:	Silva, Francisco José Ferreira
Other Persons:	Serra, Daniel (contributor)
Publisher:	[2008]: [S.l.] : SSRN
Subject:	Heuristik \| Heuristics \| Standortwahl \| Location choice \| Räumlicher Wettbewerb \| Spatial competition \| Transportzeit \| Travel time \| Standorttheorie \| Location theory

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Extent:	1 Online-Ressource (21 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2008 erstellt
Other identifiers:	10.2139/ssrn.1143273 [DOI]
Classification:	C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; L80 - Industry Studies: Services. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012724093