Hedging against disruptions with ripple effects in location analysis

• Published in: Omega (Oxford) Vol. 40; no. 1; pp. 21 - 30
• Main Authors: Liberatore, Federico, Scaparra, Maria P., Daskin, Mark S.
• Format: Journal Article
• Language: English
• Published: Kidlington Elsevier Ltd 2012; Elsevier; Pergamon Press Inc
• Series: Omega
• Subjects: Applied sciences; Computing; Earthquakes; Exact sciences and technology; Ganzzahlige Optimierung; Hedging; Humanitäre Hilfe; Integer programming; Katastrophe; Lieferkette; Location; Location analysis; Location Integer programming Optimization Computing; Mathematical programming; Operational research and scientific management; Operational research. Management science; Operations Research; Optimization; Optimization algorithms; Reliability theory. Replacement problems; Studies; Integer programming; Computing; Optimization; Location; Filtering; Warranty; Disease; Expert system; Interconnected power system; Mixed integer programming; Disaster; System reliability; Modeling; Exact solution; Weather; Flood; Earthquakes; Fires; Capacity constraint; Pruning(tree); Search tree; Localization; Hurricane

Supply systems are subject to disruptions whose impact may not remain confined, but might actually propagate across the network. We consider the problem of optimally protecting a capacitated median system with a limited amount of protective resources subject to disruptions. Specifically, the type of...