ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

A MULTICRITERIA DECISION-MAKING APPROACH USED FOR THE SELECTION OF A LOGISTICS CENTER LOCATION

Journal: ANNALS OF THE UNIVERSITY of ORADEA Fascicle of Management and Technological Engineering (Vol.25, No. 1)

Publication Date:

Authors : ; ;

Page : 47-52

Keywords : logistics center; Electre III method; location problem; multiple criteria decision methods;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

?The logistics center represents a major part of modern logistics. The selection of an optimal location for the logistics center is crucial for a company to be competitive in today's global economy. This article presents the second stage of the multiple criteria decision-making analysis based on a two-stage procedure contributing to the selection of the most convenient location for a logistics center. In the second stage, the analysis of the counties is performed to define the most suitable locations for the logistics center within the region selected in the first stage. The appropriate criteria for the selection of logistics center location have been identified, and the considered variants are assessed, considering the decision maker’s preferences and existing constraints. The variants are ranked in terms of their suitability for selecting a location by using the Electre III method. The results obtained from the simulation experiment indicate that this methodology is a feasible decision support model.

Last modified: 2016-06-29 16:14:44