Facility location
The optimal facility location problem represents a common business decision. The objective is to minimize transportation and other costs while meeting customer demand.
This is a deep dive into facility location problems, with several examples of optimizing location of warehouses.
Key features of these models:
- Description: Classical optimization tasks that aim to identify the most suitable sites for warehouses or factories to minimize operational costs.
- Category: Facility location.
- Type: Mixed Integer Linear Program.
- Library: PuLP.
- Solver: CBC.
GitHub: Optimizing warehousing: A deep dive into facility location problems.