A model for facility selection and siting in pre-investment decision analysis

A model for facility selection and siting in pre-investment decision analysis

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Article ID: iaor1993850
Country: Netherlands
Volume: 18
Start Page Number: 323
End Page Number: 332
Publication Date: Oct 1992
Journal: Information and Decision Technologies
Authors:
Keywords: programming: branch and bound
Abstract:

This is a model for the selection of a subset of industrial projects from a larger set, and the determination of the basic strategic pre-investment decisions for the selected projects. These decisions include the choice of project locations, their resource supply sources, and product markets. Constraints on the availability of resources and market demands are considered. The model allows multiple assignment as well as no assignment of projects to locations. It also permits the inclusion of secondary constraints. An efficient branch-and-bound algorithm has been developed.

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