Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Purpose – The purpose of this paper is to investigate a competitive location problem to determine how to allocate a budget to expand company’s chain by either adding new facilities, expanding existing facilities, or a combination of both actions. Solving large problems may exceed the computational resources currently available. The authors treat a special case when the market can be divided into mutually exclusive sub-markets. These can be markets in cities around the globe or markets far enough from each other so that it can be assumed that customers in one market do not patronize retail facilities in another market, or that cross-patronizing is negligible. The company has a given budget to invest in these markets. Three objectives are considered: maximizing profit, maximizing return on investment (ROI), and maximizing profit subject to a minimum ROI. An illustrative example problem of 20 sub-markets with a total of 400 facilities, 4,800 potential locations for new facilities, and 5,000 demand points is ...
['Tammy Drezner', 'Zvi Drezner', 'Pawel Jan Kalczynski']
I am writing a research paper on a idea The multiple markets competitive location problem
[{"from": "human", "value": "I am writing a research paper on a idea The multiple markets competitive location problem"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Purpose \u2013 The purpose of this paper is to investigate a competitive location problem to determine how to allocate a budget to expand company\u2019s chain by either adding new facilities, expanding existing facilities, or a combination of both actions. Solving large problems may exceed the computational resources currently available. The authors treat a special case when the market can be divided into mutually exclusive sub-markets. These can be markets in cities around the globe or markets far enough from each other so that it can be assumed that customers in one market do not patronize retail facilities in another market, or that cross-patronizing is negligible. The company has a given budget to invest in these markets. Three objectives are considered: maximizing profit, maximizing return on investment (ROI), and maximizing profit subject to a minimum ROI. An illustrative example problem of 20 sub-markets with a total of 400 facilities, 4,800 potential locations for new facilities, and 5,000 demand points is ..."}]