A Bi objective uncapacitated multiple allocation p-hub median problem in public administration considering economies of scales. (December 2021)
- Record Type:
- Journal Article
- Title:
- A Bi objective uncapacitated multiple allocation p-hub median problem in public administration considering economies of scales. (December 2021)
- Main Title:
- A Bi objective uncapacitated multiple allocation p-hub median problem in public administration considering economies of scales
- Authors:
- Tofighian, Aliasghar
Arshadi khamseh, Alireza - Abstract:
- Abstract: This paper addresses uncapacitated multiple allocation p-hub median problems, which deals with both the constructors' and the users' objectives in order to obtain an economically sustainable system. One objective is maximizing the overall investment return in road and hub construction and the users' satisfaction is translated by minimization of the overall usage cost. The problem is formulated in a way that can cover three possible policies as: Governmental requirement, constructor's break-even point and predefined make span. To make these models more pragmatic, variable discount factors are used in preference to fixed ones. Accordingly, a comprehensive discussion about discount factors and their components has been included to justify the use of variable discount factors. Then some meta-heuristic algorithms like the Imperialist competitive algorithm (ICA), and an enhanced variation of a well-known multi-objective genetic algorithm called nondominated sorting genetic algorithm II (NSGA-II) are developed and applied to solve the problem. The performance of algorithms is compared to each other by utilizing some indicators such as hypervolume, ε-indicator, spacing metric, and CPU time. Computational experiments emphasize the need for using stated assumptions and the variable discount factor. It also confirms the efficiency of the proposed ICA. Highlights: Presenting a four indexed bi-objective mathematical model for p-hub median location problem. Considering financialAbstract: This paper addresses uncapacitated multiple allocation p-hub median problems, which deals with both the constructors' and the users' objectives in order to obtain an economically sustainable system. One objective is maximizing the overall investment return in road and hub construction and the users' satisfaction is translated by minimization of the overall usage cost. The problem is formulated in a way that can cover three possible policies as: Governmental requirement, constructor's break-even point and predefined make span. To make these models more pragmatic, variable discount factors are used in preference to fixed ones. Accordingly, a comprehensive discussion about discount factors and their components has been included to justify the use of variable discount factors. Then some meta-heuristic algorithms like the Imperialist competitive algorithm (ICA), and an enhanced variation of a well-known multi-objective genetic algorithm called nondominated sorting genetic algorithm II (NSGA-II) are developed and applied to solve the problem. The performance of algorithms is compared to each other by utilizing some indicators such as hypervolume, ε-indicator, spacing metric, and CPU time. Computational experiments emphasize the need for using stated assumptions and the variable discount factor. It also confirms the efficiency of the proposed ICA. Highlights: Presenting a four indexed bi-objective mathematical model for p-hub median location problem. Considering financial issues, from constructors and customers' perspective instead of combining them together. A comprehensive discussion about discount factors and their components has been included and an accurate formulation for discount factors is introduced. Two hybrid and improved meta-heuristic algorithms based on Non-Dominated Sorting Genetic Algorithm II (NSGA-II) and imperialist competitive algorithm (ICA) are developed, calibrated and applied to solve the problem. Algorithms are compared with each other using four indicators called hyper volume, ε -indicator, spacing metric and CPU time. … (more)
- Is Part Of:
- Research in transportation economics. Volume 90(2021)
- Journal:
- Research in transportation economics
- Issue:
- Volume 90(2021)
- Issue Display:
- Volume 90, Issue 2021 (2021)
- Year:
- 2021
- Volume:
- 90
- Issue:
- 2021
- Issue Sort Value:
- 2021-0090-2021-0000
- Page Start:
- Page End:
- Publication Date:
- 2021-12
- Subjects:
- P-Hub median -- Imperialist competitive algorithm -- Competitive location -- Public administration transportation -- Economics of scale
RCGHP
Transportation -- Periodicals
388.05 - Journal URLs:
- http://www.sciencedirect.com/science/journal/07398859 ↗
http://www.elsevier.com/journals ↗
http://www.journals.elsevier.com/research-in-transportation-economics/ ↗ - DOI:
- 10.1016/j.retrec.2020.100896 ↗
- Languages:
- English
- ISSNs:
- 0739-8859
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 7773.785000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 20173.xml