Year: 2025
Type: article
Abstract: In this study, we examine a p-hub location problem where the objective function encompasses regular transportation costs, fixed expenses, and congestion costs associated with hubs. We demonstrate that the model for this problem is a convex mixed integer programming problem. To solve the problem, we introduce a multi-cut cutting-plane method and compare its performance to the existing single cut version method. Our findings show that the multi-cut method outperforms the single-cut method in terms of the time required to reach a solution. The results of numerical experiments conducted to support this comparison are also presented.
Source: Applied Economics and Finance
Authors: Niloofar Fadavi, Yasin Gharehmohammadlou, Sina Akbari
Institutions: Southern Methodist University, Arizona State University
Language: English
Domain: Social Sciences
Open Access status: diamond
Funder: Southern Methodist University
OpenAlex ID: W4409820849
