Optimization of location for newly established facility Cover Image

Optymalizacja lokalizacji dla nowopowstałego obiektu
Optimization of location for newly established facility

Author(s): Patrycja Zwiech, Anna Turczak
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: choice of location; coordinates of location optimal point; transport costs; weighted average distance; mathematical model

Summary/Abstract: The purpose of this article is to present a method of choosing a location of a new facility and to prove its usefulness in practice. The suggested method can be used to compare several variants of location of a newly established manufacturing facility, distribution centre, retail store, wholesale or warehouse. When a location of a new facility is being selected, many different factors should be taken into account that will affect the future operations of the facility. Above all the distance from sources of supply and sales markets has to be taken into consideration. The article shows that the weighted average distance is a measure that can be used to compare several options of location of a newly established facility.

  • Issue Year: 2014
  • Issue No: 36/1
  • Page Range: 447-461
  • Page Count: 15
  • Language: Polish