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Mathematical Programming-Based Bounds

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The Logic of Logistics

Abstract

An important method of assessing the effectiveness of any heuristic is to compare it to the value of a lower bound on the cost of an optimal solution. In many cases, this is not an easy task; constructing strong lower bounds on the optimal solution may be as difficult as solving the problem.

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Simchi-Levi, D., Chen, X., Bramel, J. (2014). Mathematical Programming-Based Bounds. In: The Logic of Logistics. Springer Series in Operations Research and Financial Engineering. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-9149-1_6

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