search query: @indexterm LOCATION PROBLEM / total: 219
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| Author: | Drezner, Z. Guyse, J. |
| Title: | Application of decision analysis techniques to the Weber facility location problem |
| Journal: | European Journal of Operational Research
1999 : JUL 1, VOL. 116:1, p. 69-79 |
| Index terms: | OPERATIONAL RESEARCH DECISION ANALYSIS LOCATION PROBLEM |
| Language: | eng |
| Abstract: | A location problem with future uncertainties about the data is considered. Several possible scenarios about the future values of the parameters are postulated. However, it is not clear which of these scenarios will actually happen. the authors find the location that will best accommodate the possible scenarios. Four rules utilized in decision theory are examined: the expected value rule, the optimistic rule, the pessimistic rule, and the minimax regret rule. |
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