An approximation algorithm for a facility location problem with inventories and stochastic demands

A.F. Bumb, J.C.W. Ommeren, van

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    1 Citation (Scopus)

    Abstract

    In this article we propose, for any ε > 0, a 2(1 + ε)-approximation algorithm for a facility location problem with stochastic demands. At open facilities, inventory is kept such that arriving requests find a zero inventory with (at most) some pre-specified probability. The incurred costs are the expected transportation costs from the demand points to the facilities, the operating costs of the facilities and the investment in inventory. AMS Classification: 68W25, 90B06, 60K30.
    Original languageEnglish
    Title of host publicationAlgorithmic Applications in Management
    Subtitle of host publicationFirst International Conference, AAIM 2005, Xian, China, June 22-25, 2005. Proceedings
    EditorsN. Megiddo, Yinfeng Xu, Binhai Zhu
    Place of PublicationBerlin
    PublisherSpringer
    Chapter36
    Pages330-339
    Number of pages10
    ISBN (Electronic)978-3-540-32440-9
    ISBN (Print)3-540-26224-5, 978-3-540-26224-4
    DOIs
    Publication statusPublished - 2005

    Publication series

    NameLecture Notes in Computer Science (LNCS)
    Volume3521
    ISSN (Print)0302-9743

    Fingerprint

    Dive into the research topics of 'An approximation algorithm for a facility location problem with inventories and stochastic demands'. Together they form a unique fingerprint.

    Cite this