EuroEconomica, Vol 33, No 2 (2014)

The localization problem

Catalin Angelo Ioan, Gina Ioan

Abstract


This paper solves completely the problem of determining a point that realizes the minimum weighted sum of the distances to an arbitrary number of points. There are treated the two cases corresponding to existing roads - using graph theory and where roads will built later - by analytical methods. The latter problem is solved, in principle, for n points and practical for three points.

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