, Volume 167, Issue 1, pp 297-306
Date: 29 Mar 2008

Efficient solution approaches for a discrete multi-facility competitive interaction model

Rent the article at a discount

Rent now

* Final gross prices may vary according to local VAT.

Get Access

Abstract

In this paper, we present efficient solution approaches for discrete multi-facility competitive interaction model. Applying the concept of “Tangent Line Approximation” presented by the authors in their previous work, we develop efficient computational approaches—both exact and approximate (with controllable error bound α). Computational experiments show that the approximate approach (with small α) performs extremely well solving large scale problems while the exact approach performs very well for small to medium-sized problems.