Management Science Letters · 2012 · 16 citations · 11 references
Natural SciencesIndustrial EngineeringMathematicsFacility LocationOptimizationUncertainty QuantificationConstrained OptimizationHub LocationMulti-objective OptimizationOptimization Under UncertaintyRobust OptimizationCapacitated Hub LocationMulti-objective Optimization Under UncertaintyMulti-objective Robust OptimizationMultiobjective Optimization Under UncertaintyP-hub Location ProblemRobust Location OptimizationRobust Multi-objective OptimizationUncertainty Sets
Uncertainty plays an important role on many engineering problems and there is a growing interest in having reliable solutions especially for problems with sensitive parameters. The paper presents a robust optimization (RO) model for multi-objective operation of capacitated Phub location problems (MCpHLP) under uncertainty set. There are, at least, two parameters in any P-hub problems, which are under uncertainty. The first one is associated with demand and the second one is the amount of time required to process commodities. We present a scenario based robust optimization technique, where these two items are considered under various scenario and a RO is implemented to find reliable solutions. The implementation of the proposed RO model is demonstrated for an example using weighting method.
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