Article ID: | iaor20031766 |
Country: | United Kingdom |
Volume: | 30 |
Issue: | 4 |
Start Page Number: | 553 |
End Page Number: | 565 |
Publication Date: | Apr 2003 |
Journal: | Computers and Operations Research |
Authors: | Eiselt H.A., Bhadury J., Jaramillo J.H. |
Keywords: | heuristics |
This paper develops two heuristics for solving the centroid problem on a plane with discrete demand points. The methods are based on the alternating step well known in location methods. Extensive computational testing with the heuristics reveals that they converge rapidly, giving good solutions to problems that are up to twice as large as those reported in the literature. The testing also provides some managerial insight into the problem and its solution.