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This article presents an analysis of location and pricing decisions of a monopolist about to open several stores in a compact geographical space. The number of stores is made endogenous by the introduction of fixed costs. A novel methodology is developed, by which the firm's location and price...
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The integrated production and transportation scheduling problem (PTSP) with capacity constraints is common in many industries. An optimal solution to PTSP requires one to simultaneously solve the production scheduling and the transportation routing problems, which requires excessive...
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