1. School of Economics and Management, Beijing Jiaotong University, Beijing, 100044, China 2. CCISR, Beijing Jiaotong University, Beijing, 100044, China 3. Department of Mathematics, Taiyuan Teachers’ College, Taiyuan, 030012, China
Abstract:
The minimax optimization model introduced in this paper is an important model which has received some attention over the past years. In this paper, the application of minimax model on how to select the distribution center location is first introduced. Then a new algorithm with nonmonotone line search to solve the non-decomposable minimax optimization is proposed. We prove that the new algorithm is global convergent. Numerical results show the proposed algorithm is effective.