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Study of a Country Level Facility LocationSelection for a Small Company
Linköping University, Department of Management and Engineering, Production Economics. Linköping University, The Institute of Technology.
Linköping University, Department of Management and Engineering, Production Economics. Linköping University, The Institute of Technology.
2012 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Selection of an optimal facility location is a challenging decision for companies, since it would be costly and dicult to change the location after an installation has been already made. Existing numerical methods in the decision-making process help companies to perform their operations with minimum cost and maximum value based on their strategic objectives.

Decision making process requires the selection of relative processes among several alternatives corresponding to a set of location factors. It can be performed by multi criteria decision-making (MCDM) methods with the point of individuals or a group of decision makers.

This study provides a suitable country selection process for a new packaging facility location problem. The problem is formulated by using a combination of fuzzy AHP and TOPSIS, which are the methods for MCDM problems. Since the available information for weighting the factors is subjective and imprecise, fuzzy AHP is used for determining the relative importance of the factors. Afterwards to select the best suitable country, the scores of alternatives are quantied by means of TOPSIS method. Later the results are presented, and the obtained solutions are discussed. Latvia is found as the best country for the new packaging facility. Further, using sensitivity analysis we found that the most stable countries according to predetermined factors were Latvia and Poland.

Place, publisher, year, edition, pages
2012. , 87 p.
National Category
Engineering and Technology
Identifiers
URN: urn:nbn:se:liu:diva-94016ISRN: LIU-IEI-TEK-12--A/01426--SEOAI: oai:DiVA.org:liu-94016DiVA: diva2:628743
Subject / course
Master's Program in Manufacturing Management
Supervisors
Examiners
Available from: 2013-06-14 Created: 2013-06-14 Last updated: 2013-06-18Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
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