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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...
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This paper addresses the location problem for an entering firm that will play a Bertrand game with other pre-existing firms in order to maximize its profit. Demand for a homogeneous product is price-sensitive and firms use delivered pricing. Under some specific conditions, it is shown that the...
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When facilities are built to serve end consumers directly, it is natural that consumer demands are affected by the number of open facilities. Moreover, sometimes a facility becomes more attractive if other facilities around it are built. To capture these factors, in this study we construct a...
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