A Long-Range Selection and Timing Analysis System for Facility Location: Implementation

Carl F. Meyer
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Carl F. Meyer: University of Missouri

Management Science, 1973, vol. 20, issue 3, 261-273

Abstract: This paper describes the application of a mixed-integer program to the problem of providing strategic decisions for the selection and timing of a set of proposed facilities to serve distinct geographic regions. Solutions to this selection-timing process are obtained by the system presented so as to maximize the ratio of total net revenues to total assets. In addition, a series of optimal integer solutions to a large-scale problem is included with discussion and analysis.

Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:20:y:1973:i:3:p:261-273

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