Search results
Results from the Tech24 Deals Content Network
A facility location problem is the problem of deciding where a given public facility (e.g. a school or a power station) should be placed. This problem has been studied from various angles. Optimal facility location is an optimization problem: deciding where to place the facility in order to minimize transportation costs while considering ...
The Brown–Gibson model is one of the many techniques for multi-attribute decision making. The method was developed in 1972 by P. Brown and D. Gibson. [1] This is one of the few models which integrates both objective and subjective factors in decision making . The Brown–Gibson model can be mathematically represented as follows:
Location theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what economic activities are located where and why. Location theory or microeconomic theory generally assumes that agents act in their own self-interest.
The Palisades Nuclear Generating Station is a moth-balled nuclear power plant located on Lake Michigan, in Van Buren County's Covert Township, Michigan, on a 432-acre (175 ha) site 5 miles (8.0 km) south of South Haven, Michigan, USA. Palisades was operated by the Nuclear Management Company and owned by CMS Energy prior to the sale to Entergy ...
The $2.2 billion plant, which employs 23,000 (BMW and contract), is part of the company's global five-plant production network. In 2014, the automaker announced an additional $1 billion investment in the facility that will make Spartanburg, South Carolina, BMW's largest U.S. factory, with an annual capacity of 480,000 units [ 16 ] when ...
Site selection. Site selection indicates the practice of new facility location, both for business and government. Site selection involves measuring the needs of a new project against the merits of potential locations. The practice came of age during the 20th century, as governments and corporate operations expanded to new geographies on a ...
Source–sink dynamics is a theoretical model used by ecologists to describe how variation in habitat quality may affect the population growth or decline of organisms . Since quality is likely to vary among patches of habitat, it is important to consider how a low quality patch might affect a population. In this model, organisms occupy two ...
Plant layout design has become a fundamental basis of today’s industrial plants which can influence parts of work efficiency. It is needed to appropriately plan and position employees, materials, machines, equipment, and other manufacturing supports and facilities to create the most effective plant layout.