Paper #1151

Título:

Median problems in networks

Autores:

Vladimir Marianov y Daniel Serra

Fecha:

Marzo 2009

Resumen:

The P-median problem is a classical location model �par excellence�. In this paper we, first examine the early origins of the problem, formulated independently by Louis Hakimi and Charles ReVelle, two of the fathers of the burgeoning multidisciplinary field of research known today as Facility Location Theory and Modelling. We then examine some of the traditional heuristic and exact methods developed to solve the problem. In the third section we analyze the impact of the model in the field. We end the paper by proposing new lines of research related to such a classical problem.

Palabras clave:

P-median, location modelling

Códigos JEL:

C61, L80

Área de investigación:

Economía de la Empresa y Organización Industrial

Descargar el paper en formato PDF