Article ID: | iaor19981940 |
Country: | United Kingdom |
Volume: | 7 |
Issue: | 3 |
Start Page Number: | 219 |
End Page Number: | 231 |
Publication Date: | Jul 1996 |
Journal: | IMA Journal of Mathematics Applied in Business and Industry |
Authors: | White D.J. |
Keywords: | heuristics |
In this paper, the nonconvex form of the weighted maxmin dispersion problem is converted to a form involving the maximization of convex functions over a polytope, for which algorithms exist. A heuristic approach is given, together with associated results on optimality and bounds on loss of optimality.