Location Theory

Location Theory

3-4 hours of lectures per week.

Lecturer

Kim Allan Andersen

Content

An example of a location problem could be a set of consumers wanting to satisfy some needs. These needs can be satisfied by a company. Now the company's problem is to figure out where to place its depots so that, on a long term basis, the company's costs will be minimized, assuming that the consumer's needs are to be satisfied.

During the course we will look into how to solve this type of problems. The problem might involve decision-making of how many depots to place and where to place them.

Prerequisites

Convex analysis and Mathematical programming.

Literature

R. F. Love, J. G. Morris and G. O. Wesolowski, Facilities Location: Models and Methods, North Holland, 1988.
Furthermore, various articles will be used.

Evaluation

A written report, which is also presented orally. This report can be accepted as a bachelor project and will be assessed according to the 13 scale.