Article ID: | iaor20081156 |
Country: | Netherlands |
Volume: | 182 |
Issue: | 2 |
Start Page Number: | 1725 |
End Page Number: | 1734 |
Publication Date: | Nov 2006 |
Journal: | Applied Mathematics and Computation |
Authors: | Nwogugu Michael |
Keywords: | retailing, supply & supply chains |
This article critiques existing store-location models and explains the many mathematical and methodological problems inherent in these models. The key issues are that behavioral factors are completely omitted in these models, emphasis on distance in un-warranted and site-specific and retailer-specific characteristics are typically omitted in these model. The author introduces new site-selection models. The US retailing sector is used an example.