Article ID: | iaor1995455 |
Country: | United Kingdom |
Volume: | 14 |
Start Page Number: | 79 |
End Page Number: | 96 |
Publication Date: | Dec 1994 |
Journal: | International Journal of Operations & Production Management |
Authors: | Schniederjans M.J., Hoffman J.J. |
Keywords: | programming: goal |
A critical concern for firms pursuing global expansion strategies involves facility site evaluation and selection. For expansion to be successful, corporations must identify countries and facility sites that offer a good fit with the firm’s overall corporate strategy. Unfortunately, little has been written to aid corporations in making these complex decisions. Presents a two-stage model that combines the concepts of strategic management, the management science technique of goal programming, and micro computer technology to provide managers with a more effective and efficient method for evaluating global facility sites and making selection decisions. Extends the existing literature on corporate facility site evaluation by applying a computer optimization model to facility site acquisition in a way that has not been done before.