The problem of single facility location can be stated as follows: Determine the location of a single new facility with respect to a number of existing facilities that minimizes an appropriate defined total cost function which is chosen to be proportional to distance. Typical examples are the location of a new:
machine in a manufacturing facility;
warehouse relative to production;
pump in chemical operations;
well in an oil field development.
A generalization of this problem involves the multifacility location-allocation problem, [5]. A mathematical formulation of the single-facility problem is as follows: m existing facilities are located at known distinct points P 1,..., P m , a new facility is to be located at a point X, costs of ‘transportation’ nature are incurred and are directly proportional to an appropriately defined distance between the new facility and the existing ones. Let d(X, P i ) represent the distance between points X and P i and let w i represent the cost of...
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Ierapetritou, M. (2001). Single Facility Location: Multi-Objective Euclidean Distance Location . In: Floudas, C.A., Pardalos, P.M. (eds) Encyclopedia of Optimization. Springer, Boston, MA. https://doi.org/10.1007/0-306-48332-7_473
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DOI: https://doi.org/10.1007/0-306-48332-7_473
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