JOURNAL ARTICLE

Solving non-linear optimization problems by a trajectory approach.

  • Published In: IMA Journal of Management Mathematics, 2024, v. 35, n. 3. P. 537 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Drezner, Zvi; Miklas-Kalczynska, Malgorzata 3 of 3

Abstract

This article focuses on solving non-linear optimization problems using a trajectory method that introduces a parameter to connect an easily solvable problem to the original problem via a continuous solution path. The method is applied to two location problems: the single facility Weber problem and a competitive facility location model based on the gravity (Huff) model with exponential distance decay. For the Weber problem, the trajectory starts at the center of gravity (parameter value zero) and moves to the Weber solution (parameter value one-half), with an improved approximate starting point proposed to enhance iterative methods. In the competitive location model, the trajectory begins at a trivial solution for zero decay parameter and progresses to the desired solution, with computational experiments in Orange County, California, demonstrating that the trajectory method reliably finds optimal or near-optimal facility locations, often outperforming the Nelder-Mead optimization method. The paper concludes that the trajectory approach is a versatile technique suitable for various unconstrained optimization problems, particularly location problems.

Additional Information

  • Source:IMA Journal of Management Mathematics. 2024/07, Vol. 35, Issue 3, p537
  • Document Type:Article
  • Subject Area:Military History and Science
  • Publication Date:2024
  • ISSN:1471-678X
  • DOI:10.1093/imaman/dpad011
  • Accession Number:177720436
  • Copyright Statement:Copyright of IMA Journal of Management Mathematics is the property of Oxford University Press / USA and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.