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This paper considers the problem of locating a single semi-obnoxious facility on a general network, so as to minimize the total transportation cost between the new facility and the demand points (minisum), and at the same time to minimize the undesirable effects of the new facility by maximizing...
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In this paper we present a real-world case study involving the re-location of a combined manufacturing and distribution (warehousing) facility. The relocation decision was called to adapt to dynamic changes in business environments surrounding the firm's supply chain operations. Such changes...
Persistent link: https://www.econbiz.de/10005452820
In this paper we propose a dynamic, multi-objective, mixed integer programming model that aims to determine the optimal airport site under capacity and budgetary restrictions. In contrast with the existing models, the proposed model can also solve a practical size location-allocation problem...
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This paper proposes a new framework for the solution of interactive multiobjective group decision-making problems with interval parameters. Its novelty stems from a learning phase where decision makers (DMs) explore the structural characteristics of the specific Multiple Criteria Decision Making...
Persistent link: https://www.econbiz.de/10009208675
In this study we present a framework and methods to estimate the Boiler and Machinery pure premium distribution and maximum probable yearly aggregate loss amount (MOY) for a hypothetical electric power plant. We use the collective risk theory formulation and combine actual severity data from...
Persistent link: https://www.econbiz.de/10010543230