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Decision Support for Facility Location: A Ramp Approach

Author

Listed:
  • José Veloso

    (Instituto Politécnico do Porto, Portugal)

  • Dorabela Gamboa

    (Instituto Politécnico do Porto, Portugal)

  • César Rego

    (Instituto Politécnico do Porto, Portugal)

Abstract

The current state of the global economy and the financial market fierceness require today’s organizations to be more competitive than ever, hence the reduction of operational costs and the increasing of efficiency of the organizational and business processes are key aspects to any sustainable organization. With respect to that, choosing where to locate a facility is, undoubtedly, one of the greatest challenges that a decision maker could face, as it is usually a decision with long-term impact on the organization. For that reason, it is no surprise that the field of location models theory has attracted great attention from the scientific community over the last decades. In fact, location policy is considered, for a long time now, one of the more profitable areas of application to analysis systems (Krarup & Pruzan, 1983).

Suggested Citation

  • José Veloso & Dorabela Gamboa & César Rego, 2015. "Decision Support for Facility Location: A Ramp Approach," Managing Intellectual Capital and Innovation for Sustainable and Inclusive Society: Managing Intellectual Capital and Innovation; Proceedings of the MakeLearn and TIIM Joint International Conference 2,, ToKnowPress.
    • Handle: RePEc:tkp:mklp15:1319-1320
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