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Solving the Location Selection Problem of Self-Service Stores from the Perspectives of Sustainability and Uncertainty
Hao Zhang1, Yuan Hou1, Huixia Feng2
1Beijing Technology and Business University, Beijing, China.
Abstract:
This paper presents an improved method for selecting a specific location in the development of convenience stores in municipal areas. This method solves the problem of self-service store location from the perspective of sustainability and uncertainty and adequately considers the characteristics of individual locations with the proposition of an improved grey wolf optimization algorithm. The example presented shows that the improved algorithm has obvious advantages in facilitating the selection of convenience stores with respect to the search precision, stability, and convergence. Based on the macroenvironment, income, and cost, this work establishes a relatively complex, complete, and targeted mathematical model. Finally, taking the Xiaonanzhuang area of Suzhou Street in Beijing as an example, the scientificity, feasibility, and sustainability of the location model are verified.
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