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In this paper we consider a location model based on the threshold concept. We find the best location such that the probability of revenue falling short of the threshold is minimized. This objective is appropriate when a firm will not survive if its revenue falls below a known threshold. A new...
Persistent link: https://www.econbiz.de/10005294245
In this note we propose a new model for the airline hub selection problem. Passengers use a hub on the way to their destination. We apply the objective of minimizing the total miles traveled by passengers. This formulation can be used as the basis for other objectives also. Copyright 2001...
Persistent link: https://www.econbiz.de/10005193333