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Record W3204544826 · doi:10.1287/trsc.2021.1064

Robust Stochastic Models for Profit-Maximizing Hub Location Problems

2021· article· en· W3204544826 on OpenAlexaff
Gita Taherkhani, Sibel A. Alumur, Mojtaba Hosseini

Bibliographic record

VenueTransportation Science · 2021
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicFacility Location and Emergency Management
Canadian institutionsUniversity of Waterloo
Fundersnot available
KeywordsRegretMathematical optimizationStochastic programmingRobust optimizationStochastic modellingRevenueProfit (economics)Computer scienceMathematicsEconomics

Abstract

fetched live from OpenAlex

This paper introduces robust stochastic models for profit -maximizing capacitated hub location problems in which two different types of uncertainty, including stochastic demand and uncertain revenue, are simultaneously incorporated into the problem. First, a two-stage stochastic program is presented in which demand and revenue are jointly stochastic. Next, robust stochastic models are developed to better model uncertainty in the revenue while keeping the demand stochastic. Two particular cases are studied based on the dependency between demand and revenue. In the first case, a robust stochastic model with a min-max regret objective is developed assuming a finite set of scenarios that describes uncertainty associated with the revenue under a revenue-elastic demand setting. For the case when demand and revenue are independent, robust stochastic models with a max-min criterion and a min-max regret objective are formulated considering both interval uncertainty and discrete scenarios, respectively. It is proved that the robust stochastic version with max-min criterion can be viewed as a special case of the min-max regret stochastic model. Exact algorithms based on Benders decomposition coupled with a sample average approximation scheme are proposed. Exploiting the repetitive nature of sample average approximation, generic acceleration methodologies are developed to enhance the performance of the algorithms enabling them to solve large-scale intractable instances. Extensive computational experiments are performed to consider the efficiency of the proposed algorithms and also to analyze the effects of uncertainty under different settings. The qualities of the solutions obtained from different modeling approaches are compared under various parameter settings. Computational results justify the need to solve robust stochastic models to embed uncertainty in decision making to design resilient hub networks.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.005
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.007
Threshold uncertainty score0.017

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.005
Meta-epidemiology (narrow)0.0020.001
Meta-epidemiology (broad)0.0020.002
Bibliometrics0.0010.001
Science and technology studies0.0000.001
Scholarly communication0.0020.002
Open science0.0020.001
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0040.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.098
GPT teacher head0.258
Teacher spread0.161 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations43
Published2021
Admission routes1
Has abstractyes

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