Selecting the optimum location for logistics facilities using Solver

Siting logistics facilities strategically in the most cost-effective geographic location is one of the key decisions for a contemporary company. In the long term, consequences of this decision may determine the competitive advantage of the company on the market. The aim of the paper is to present a...

Full description

Bibliographic Details
Main Author: Anna Baj-Rogowska
Format: Article
Language:English
Published: WSB University in Torun 2016-06-01
Series:Torun Business Review
Subjects:
Online Access:https://tbr.wsb.torun.pl/index.php/journal/article/view/39
_version_ 1811266187283136512
author Anna Baj-Rogowska
author_facet Anna Baj-Rogowska
author_sort Anna Baj-Rogowska
collection DOAJ
description Siting logistics facilities strategically in the most cost-effective geographic location is one of the key decisions for a contemporary company. In the long term, consequences of this decision may determine the competitive advantage of the company on the market. The aim of the paper is to present a solution to this problem using the Solver add-on. To specify the optimum location of a logistics facility, with the lowest transportation cost, the method of Euclidean coordinates was used.
first_indexed 2024-04-12T20:37:31Z
format Article
id doaj.art-d4026e86e9914bbf819487044aedc77f
institution Directory Open Access Journal
issn 1643-8175
2451-0955
language English
last_indexed 2024-04-12T20:37:31Z
publishDate 2016-06-01
publisher WSB University in Torun
record_format Article
series Torun Business Review
spelling doaj.art-d4026e86e9914bbf819487044aedc77f2022-12-22T03:17:32ZengWSB University in TorunTorun Business Review1643-81752451-09552016-06-01152213010.19197/tbr.v15i2.3930Selecting the optimum location for logistics facilities using SolverAnna Baj-Rogowska0GDAŃSK UNIVERSITY OF TECHNOLOGY Traugutta 79 80-233 GdańskSiting logistics facilities strategically in the most cost-effective geographic location is one of the key decisions for a contemporary company. In the long term, consequences of this decision may determine the competitive advantage of the company on the market. The aim of the paper is to present a solution to this problem using the Solver add-on. To specify the optimum location of a logistics facility, with the lowest transportation cost, the method of Euclidean coordinates was used.https://tbr.wsb.torun.pl/index.php/journal/article/view/39location of logistics facilitiesoptimizationSolver
spellingShingle Anna Baj-Rogowska
Selecting the optimum location for logistics facilities using Solver
Torun Business Review
location of logistics facilities
optimization
Solver
title Selecting the optimum location for logistics facilities using Solver
title_full Selecting the optimum location for logistics facilities using Solver
title_fullStr Selecting the optimum location for logistics facilities using Solver
title_full_unstemmed Selecting the optimum location for logistics facilities using Solver
title_short Selecting the optimum location for logistics facilities using Solver
title_sort selecting the optimum location for logistics facilities using solver
topic location of logistics facilities
optimization
Solver
url https://tbr.wsb.torun.pl/index.php/journal/article/view/39
work_keys_str_mv AT annabajrogowska selectingtheoptimumlocationforlogisticsfacilitiesusingsolver