?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F343%2F&rft.title=Car+Centres+Placement+Problem&rft.creator=Jaimungal%2C+S.&rft.subject=Discrete&rft.subject=Transport+and+Automotive&rft.subject=Retail&rft.subject=Finance&rft.description=Deciding+on+where+to+locate+the+next+retail+outlet+is+a+problem+with+a+long+and+distinguished+history+beginning+with+the+early+work+of+Hotelling+(1929)+and+extended+by+Huff+(1964).+The+basic+idea+is+to+view+potential+customers+as+sources+of+purchasing+power+while+a+retail+store+possesses+attractiveness+thus+creating+an+interacting+particle+model.%0D%0A%0D%0AHere%2C+we+address+the+issue+of+where+to+locate+a+new+car+center+based+on+a+limited+dataset.+A+method+for+distilling+aggregate+population+information+down+to+sub-regions+is+developed+to+provide+estimates+that+feed+into+the+optimization+algorithm.%0D%0ATwo+measures+were+used+in+the+optimization%3A+(i)+total+market+share+and+(ii)+total+attractiveness.+Total+market+share+optimization+is+found+to+lead+to+placing+the+center+close+to+competitors%2C+while+total+attractiveness+optimization+is+found+to+lead+to+placing+the+center+closer+to+centroid+of+the+population.&rft.date=2011&rft.type=Study+Group+Report&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F343%2F1%2FALJ.pdf&rft.identifier=++Jaimungal%2C+S.++(2011)+Car+Centres+Placement+Problem.++%5BStudy+Group+Report%5D+++++