Article ID: | iaor20012493 |
Country: | United States |
Volume: | 12 |
Issue: | 2 |
Start Page Number: | 104 |
End Page Number: | 110 |
Publication Date: | Mar 2000 |
Journal: | INFORMS Journal On Computing |
Authors: | Berman Oded, Averbakh Igor |
Keywords: | computational analysis, optimization, location |
We consider the 1-median problem on a network with uncertain weights of nodes. Specifically, for each node, only an interval estimate of its weight is known. It is required to find the ‘mini-max regret’ location, i.e., to minimize the worst-case loss in the objective function that may occur because a decision is made without knowing which state of nature will take place. We present the first polynomial algorithm for this problem on a general network. For the problem on a tree network, we discuss an algorithm with an order of complexity improved over the algorithms known in the literature.