The p-median problem is a classical discrete location problem and is equivalent to the well-known k-medoids problem in the unsupervised clustering literature. The aim is to select p centers while minimizing the sum of distances from each customer to its nearest center.
- Speaker
- Date
- Friday 24 May 2024, 12:00 - 13:00
- Type
- Seminar
- Room
- ET-14
- Building
- E Building
Recent advancements in solving the p-median and related problems have successfully leveraged Benders decomposition methods. In order to reduce the number of variables and possibly the number of Benders cuts in these models, it is possible to aggregate distance variables corresponding to customers. We propose to partially aggregate the distance variables based on an initial solution: aggregation occurs only when the corresponding customers are assigned to the same center in the initial solution.
In addition, we propose a set of tailored valid inequalities for these aggregated variables. Initial experiments indicate that our model, post-initialization, provides a stronger lower bound, thereby accelerating the resolution of the root node. Furthermore, this approach seems to positively impact the branching procedure, leading to an overall faster Benders decomposition method.
About the speaker
Rick Willemsen is a PhD Candidate at the Econometric Institute. He works on inverse methods, multivariate statistical methods, and integer linear programming.
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- More information
Lunch will be provided (vegetarian option included).
For more information please contact the Secretariat Econometrics at eb-secr@ese.eur.nl
