Authors
Shuming Wang, Junzo Watada
Publication date
2012/6/1
Journal
Information Sciences
Volume
192
Pages
3-18
Publisher
Elsevier
Description
This paper studies a facility location model with fuzzy random parameters and its swarm intelligence approach. 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 assuming continuous values. Under this setting, the VaR-FRFLM is inherently a two-stage mixed 0–1 integer fuzzy random programming problem, to which analytical nonlinear programming methods are not applicable. A hybrid modified particle swarm optimization (MPSO) approach is proposed to solve the VaR-FRFLM. In this hybrid mechanism, an approximation algorithm is utilized to compute the fuzzy random VaR objective, a continuous Nbest–Gbest-based PSO and a genotype–phenotype-based binary PSO vehicles are designed to deal with the continuous capacity …
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