LOGISTICS CENTER LOCATION - SELECTION USING MULTICRITERIA DECISION MAKING
The selection of logistics centers location represents one of the most important strategic decisions made by a company, because it has a significant and a long term impact on its overall activity risk and profit. The organizations which understand and anticipate the expectations and needs of the cus...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura Universităţii din Oradea
2015-05-01
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| Series: | Annals of the Oradea University: Fascicle Management and Technological Engineering |
| Subjects: | |
| Online Access: | http://imtuoradea.ro/auo.fmte/files-2015-v1/Maria FAGARASAN - LOGISTICS CENTER LOCATION - SELECTION USING MULTICRITERIA DECISION MAKING.pdf |
| Summary: | The selection of logistics centers location
represents one of the most important strategic decisions made
by a company, because it has a significant and a long term
impact on its overall activity risk and profit. The organizations
which understand and anticipate the expectations and needs of
the customers will do everything possible to meet their needs.
This paper presents the selection of the most appropriate
location for logistics center, formulated as multiple criteria
ranking problem. This process involved a complex assessment
of the considered options, taking into account the decision
maker’s preferences and existing constraints. The options are
ranked in terms of their appropriateness for selecting a location
by using the Electre III method. The results obtained from
computational experiments attest that this methodology is a
feasible and a practical decision support model. |
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| ISSN: | 1583-0691 1583-0691 |