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Location Strategy
It is difficult to set down rules whereby the problem of facilities location can be programmed but there are a number of factors which should be considered. It is worth differentiating between the problem s of location and of site the location is the general area, and the site is the place chosen within the location. The decision on sitting thus probably proceeds in two stages: in the first the general area is chosen and then a detailed survey of that area is carried out to find possible sites. The final decision is made by taking into account more detailed requirements.
Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding
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What are the 5 criteria for evaluating a selection method?
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