LOGISTICS CENTER LOCATION - SELECTION USING MULTICRITERIA DECISION MAKING
10.15660/AUOFMTE.2015-1.3125
Maria FĂGĂRĂȘAN, Ciprian CRISTEA
fagarasan_maria@yahoo.com
Volume XXIV (XIV), 2015/1
The selection of logistics centers location represents one of the most important strategic decisions made by a company, because it has a significant and a long term impact on its overall activity risk and profit. The organizations which understand and anticipate the expectations and needs of the customers will do everything possible to meet their needs. This paper presents the selection of the most appropriate location for logistics center, formulated as multiple criteria ranking problem. This process involved a complex assessment of the considered options, taking into account the decision maker’s preferences and existing constraints. The options are ranked in terms of their appropriateness for selecting a location by using the Electre III method. The results obtained from computational experiments attest that this methodology is a feasible and a practical decision support model.
Keywords—location problem, logistics center, Electre III method, multi-criteria decision method
ISSN 1583-0691, CNCSIS "Clasa B+"