A Holistic Approach Based on MCDM for Solving Location Problems

Authors

  • A. Kaboli Mechanical Engineering, Ecole Polytechnique Fédérale De Lausanne
  • K. Shahanaghi Industrial Engineering, Iran University of Science & Technology
  • M.B. Aryanezhad Industrial Engineering, Iran University of Science and Technology (IUST)
Abstract:

Location decision is an integral part of organizational strategies involving many factorsthat may be conflicting in nature. This paper presents a holistic approach of the multi-criteria decisionmaking (MCDM) methodology to select the optimal location(s), which fits best for both investors andmanagers. A case study is also provided to illustrate the application of the proposed holistic approach.Finally, a comparison with the previous work is made and the informational efficacy of the proposedmodel is also discussed.

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Journal title

volume 20  issue 3

pages  251- 262

publication date 2007-10-01

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