Abstract
This paper deals with a special class of competitive facility location problems, in which two non-cooperative firms compete to capture the most of a given market, in order to maximize their profit. This paper intends to present a simple and effective nested strategy based on the quantum binary particle swarm optimization (QBPSO) method for solving the bi-level mathematical model of the problem. In solution approach, an improvement procedure is embedded into QBPSO to increase the convergence speed and generate more accurate solutions. Taguchi's method is employed to systematically determine the optimal values of QBPSO parameters. Finally, computational results on large-scale instances with up to 300 locations and 350 clients (more than 100,000 variables and 300,000 constraints at each level) confirmed the method efficiency in terms of solution quality and time.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.