COAL: A new heuristic approach for solving the fixed charge problem-Computational results

COAL: A new heuristic approach for solving the fixed charge problem-Computational results

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Article ID: iaor1993722
Country: Netherlands
Volume: 52
Issue: 2
Start Page Number: 235
End Page Number: 246
Publication Date: May 1991
Journal: European Journal of Operational Research
Authors: ,
Abstract:

Computational results are presented for a new heuristic algorithm for solving large general fixed charge problems based on Lagrangian relaxation and cost allocation heuristics; these results are contrasted with results using adjacent extreme point heuristics and branch and bound mixed integer programming. General facility location and capacitated warehouse location problems as well as production planning problems with fixed and variable work force considerations are used. The many test problems evaluated include problems with a large number of fixed charge and continuous variables. The new algorithm demonstrates superiority over alternative methods for solving these problems.

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