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A variable-capacity-based fuzzy random facility location problem with VaR objective

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Main Authors: Wang, Shuming, Watada, Junzo, Shamsul Bahar, Yaakob, Prof. Madya
Format: Book chapter
Language:English
Published: Springer-Verlag Berlin Heidelberg 2010
Subjects:
Value-at-Risk (VaR)
VaR-FRFLM
Fuzzy random facility location model
Online Access:http://dspace.unimap.edu.my/xmlui/handle/123456789/8505
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spelling my.unimap-85052013-03-01T07:17:00Z A variable-capacity-based fuzzy random facility location problem with VaR objective Wang, Shuming Watada, Junzo Shamsul Bahar, Yaakob, Prof. Madya Value-at-Risk (VaR) VaR-FRFLM Fuzzy random facility location model Link to publisher's homepage at http://www.springerlink.com/ In this paper, a Value-at-Risk (VaR) based fuzzy random facility location model (VaR-FRFLM) is built in which both the costs and demands are assumed to be fuzzy random variables, and the capacity of each facility is unfixed but a decision variable. A hybrid approach based on modified particle swarm optimization (MPSO) is proposed to solve the VaR-FRFLM. In this hybrid mechanism, an approximation algorithm is utilized to compute the fuzzy random VaR, a continuous Nbest-Gbest-based PSO and a genotype-phenotype-based binary PSO vehicles are designed to deal with the continuous capacity decisions and the binary location decisions, respectively, and two mutation operators are incorporated into the PSO to further enlarge the search space. A numerical experiment illustrates the application of the proposed hybrid MPSO algorithm and lays out its robustness to the parameter settings when dealing with the VaR-FRFLM. 2010-08-06T08:58:26Z 2010-08-06T08:58:26Z 2010 Book chapter Integrated Uncertainty Management and Applications, vol. 68, p. 209-220 978-3-642-11959-0 1615-3871 (Print) 1860-0794 (Online) http://www.springerlink.com/content/59128247115x645t/ http://hdl.handle.net/123456789/8505 en Advances in Soft Computing Springer-Verlag Berlin Heidelberg
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Value-at-Risk (VaR)
VaR-FRFLM
Fuzzy random facility location model
spellingShingle Value-at-Risk (VaR)
VaR-FRFLM
Fuzzy random facility location model
Wang, Shuming
Watada, Junzo
Shamsul Bahar, Yaakob, Prof. Madya
A variable-capacity-based fuzzy random facility location problem with VaR objective
description Link to publisher's homepage at http://www.springerlink.com/
format Book chapter
author Wang, Shuming
Watada, Junzo
Shamsul Bahar, Yaakob, Prof. Madya
author_facet Wang, Shuming
Watada, Junzo
Shamsul Bahar, Yaakob, Prof. Madya
author_sort Wang, Shuming
title A variable-capacity-based fuzzy random facility location problem with VaR objective
title_short A variable-capacity-based fuzzy random facility location problem with VaR objective
title_full A variable-capacity-based fuzzy random facility location problem with VaR objective
title_fullStr A variable-capacity-based fuzzy random facility location problem with VaR objective
title_full_unstemmed A variable-capacity-based fuzzy random facility location problem with VaR objective
title_sort variable-capacity-based fuzzy random facility location problem with var objective
publisher Springer-Verlag Berlin Heidelberg
publishDate 2010
url http://dspace.unimap.edu.my/xmlui/handle/123456789/8505
_version_ 1643789197770752000
score 13.211869

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