Abstract / Description of output
This research considers the capacitated single assignment hub location problems with profit oriented objective and demand uncertainty. Motivated by the strategic importance of network management, especially in freight delivery, the problem is first formulated as a two-stage stochastic programming model in which price is exogenous. The model is further extended by introducing price variables and price-dependent demand to investigate the joint effects of pricing, location and allocation decisions on profit within a hub and spoke paradigm. We propose both exact and heuristics solutions to solve the instances of AP data set, then present and discuss the results from computational experiments
| Original language | English |
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| Publication status | Published - 2022 |
| Event | The UK Operational Research Society’s 64th Annual Conference - University of Warwick, Coventry, United Kingdom Duration: 13 Sept 2022 → 15 Sept 2022 |
Conference
| Conference | The UK Operational Research Society’s 64th Annual Conference |
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| Country/Territory | United Kingdom |
| City | Coventry |
| Period | 13/09/22 → 15/09/22 |