 Facility location selection using complete and partial ranking MCDM methodsAnkita Ray, Arijit De and Pranab Kr. Dan International Journal of Industrial and Systems Engineering, 2015, vol. 19, issue 2, 262-276 Abstract: Location planning is one of the essential tasks for a manufacturing industry. There are various factors that influence the selection of the location for a plant or service facility. Multi criteria decision making (MCDM) analysis is an optimisation technique which is applied to identify the most preferred alternative under multiple criteria. In this paper, some MCDM methods such as TOPSIS, SAW, GRA and MOORA have been used to determine the best location. Finally, an outranking MCDM approach (ELECTRE-I) is applied to find an appropriate plant location. The applied complete ranking MCDM methods are considered as the criteria and the evaluated values are taken as the performance of the decision matrix. By using these elements the ELECTRE-I method has been applied. A numerical example is taken to demonstrate the procedural steps of MCDM methods for selecting the best alternative for service facility or factory location. Keywords: facility location; multicriteria decision making; MCDM tools; TOPSIS; simple additive weighting; grey relational analysis; GRA: multi-objective optimisation; MOORA; ELECTRE-I; manufacturing industry; plant location; location selection. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisen:v:19:y:2015:i:2:p:262-276 Access Statistics for this article More articles in International Journal of Industrial and Systems Engineering from Inderscience Enterprises Ltd |
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