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Optimal location (continuous)
  Finds the optimal location for minimum global transportation cost to a set of given points.
2024.Jul.03 18:17:22
n No. of destination points. •
ucost Unit cost (say, $ ⁄ unit-km). •
capac Capacities at each point (units). •
coords Points' coordinates (x y) (km). •
itmax, tol Iterations (max.) and tolerance for (final) cost. •
Show values Shows the coordinates of the graph. (NOT USED)
  Finds the coordinates of the optimal location, P, for a "central" point so as to minimize the global transportation cost from that point to all the others, these requiring given quantities, or "capacities", of goods. (Obviously, the direction of movement is immaterial, so P and the destinations can reverse their roles, destinations becoming sources.)
  The coordinates of P are assumed continuous. (A better strategy might be to supply a number of candidate locations to optimize from.) Point P is found by a numerical minimization method.
References: LocA8410

• Weisstein, Eric W., "Minimum", from MathWorld —a Wolfram Web Resource (2008-01-01).

• 1651-04-10: Tschirnhaus, Ehrenfried W., birthday.

 
 
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Created: 2008-04-10 — Last modified: 2008-04-13