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Project Leader:
Prof. Binay Bhattacharya,
One of the most
important aspects of logistics is
deciding where to locate
new facilities such as retailers, warehouses or factories. For systems
in which deliveries are made along multiple stop routes, the routing
problem and the location problem must be considered simultaneously.
These
strategic
decisions are a crucial determinant of whether materials will flow
efficiently
through the distribution system.
Facility location analysis has played a central role in the development
of
operations research. Location problems encompass a wide range of
problems
such as the location of emergency services, location of hazardous
materials,
location of ATM bank machines,
problems in telecommunication networks design, etc., just to name a
few.
By exploiting the
mathematics of computational
geometry
and algorithmic graph theory, this resource optimization project will
develop
new tools to aid in the location of logistics to optimally serve the
demands of customers. In particular, by bringing together the core
expertise
in Canada at the participating institutions, we will study the
applicability
and the extendability of the most advanced theory and techniques,
extend the
existing techniques, and develop new paradigms to further the state of
the art in the
area of facility location optimization.
Project info @ MITACS
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