Business, Management and Accounting
8 years ago

New starting procedures improve plant location models for better solutions!

RePEc: Research Papers in Economics
ADD – heuristics' starting procedures for capacitated plant location models
Wolfgang Domschke, Andreas Drexl

Paper Summary

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The article discusses how to improve solutions for choosing plant locations with different capacities. The researchers found that using specific starting procedures can help overcome issues with ADD-heuristics, which usually give poor results in these cases. They compared ADD-heuristics with starting procedures to DROP-heuristics and shared their numerical findings.