"Local Search" Algorithms for Facility Location Problems

Series
ACO Student Seminar
Time
Wednesday, March 31, 2010 - 1:30pm for 1 hour (actually 50 minutes)
Location
ISyE Executive Classroom
Speaker
Anand Louis – CS ACO, Georgia Tech
Organizer
Sarah Fletcher
Local search is one of the oldest known optimization techniques. It has been studied extensively by Newton, Euler, etc. It is known that this technique gives the optimum solution if the function being optimized is concave(maximization) or convex (minimization). However, in the general case it may only produce a "locally optimum" solution. We study how to use this technique for a class of facility location problems and give the currently best known approximation guarantees for the problem and a matching "locality gap".