• Title/Summary/Keyword: location decision

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A Study on the Location Factors of Foreign Direct Investment Firms in Korea (국내 외국인직접투자기업의 입지결정요인에 관한 연구)

  • Lee, Ho-Yeong;Park, Won-Seok
    • Journal of the Korean association of regional geographers
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    • v.17 no.1
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    • pp.58-74
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    • 2011
  • This study analyzed and compared the importance and priority of location decision factors in Foreign Direct Investment Firms managing the manufacturing business in the nation's southeastern economic zone, and in expert group by using AHP analytical technique based on examining the location theory and the prior research of real estate for industry. Also, it analyzed difference in importance and priority for location factors by corporate scale, by business category, and by location type targeting only foreign direct investment firms, and offered references necessary for location decision-making. In addition, to elicit useful information for policy related to location decision factors for foreign direct investment firms, the implications were elicited by analyzing the results recognized between foreign direct investment firms and expert group on information elements regarding investment satisfaction, business bottlenecks, and location decision process. The considerable gap was indicated in importance and priority of location decision factors considered between the nation's foreign direct investment firms and real-estate expert group for industry. As a result of analyzing by reflecting the corporate characteristic variable in location assessment model unlike before, the importance of the competitive advantage factor and the business strategic factor was indicated to be very high.

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New Strategy for Location Decision Using Loss Concept (손실개념을 이용한 새로운 물류거점 전략)

  • Hwang, In-Keuk;Lee, Chang-Yong;Song, Chang-Yong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.4
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    • pp.103-110
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    • 2007
  • The facility location in designing a supply chain network is an important decision problem that gives form, structure, and shape to the entire supply chain system. Location problems involve determining the location, number, and size of the facilities to be used. The optimization of these location decisions requires careful attention to the inherent trade-offs among service time, inventory costs, facility cost, transportation costs. This paper presents a strategy that provides the best locations of distribution centers using GIS(Geographical Information System) assuming the limitation of delivery time. To get the best strategy of the location of distribution centers, we use the new loss functions as a penalty when the delivery time is violated

A Study on the Decision-making of Industrial Location in view of Substituting Production factors (생산요소(生産要素) 대체(代替)를 고려(考慮)한 공업입지(工業立地)의 의사결정(意思決定)에 관한 연구(硏究))

  • Jeon, Man-Sul;Kim, Man-Sik
    • Journal of Korean Society for Quality Management
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    • v.13 no.1
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    • pp.41-50
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    • 1985
  • The purpose of this study is to consider the criteria for decision-making of industrial location in view of substituting production factors through maximizing profit instead of minimizing transportation cost. This paper makes use of mutual relationship between spatial economy in Euclidean distance and substituting production factors in production theory. Therefore, this paper will develop weak points in classical theory of industrial location by introducing production theory which has conception of substituting production factors.

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A Case Study on Decision Making of Location for Army Repair Shop (군 정비창 입지선정 사례)

  • 이재권
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.22 no.50
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    • pp.257-266
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    • 1999
  • The objective of this study is to suggest DARE (Decision Alternative Ratio Evaluation) Method, which is usually using in VE(Value Engineering), as one of the evaluating alternatives techniques, especially deciding location. The process of solving location problem consists of 4 stages which are Data gathering and Confirming check list, Design of evaluating methodology, Evaluating, and Conclusion. In second stage which is the most important one among those, DARE method is adopted to solve location problem as a objective and scientific technique. The members who are participated workshop extremely agree to whole procedure of methodology and also their own conclusion through Workshop. This case study shows DARE method fits with select optimal location.

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The Evaluation of Location Decision Factors of Environmental Foundation Facilities using Environmental Geographic Information System (환경지리정보시스템을 이용한 환경기초시설의 입지 결정요인 평가)

  • Cho, Deok-Ho;Bae, Min-Ki
    • Journal of the Korean Association of Geographic Information Studies
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    • v.11 no.1
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    • pp.45-57
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    • 2008
  • The purpose of this research is to select an appropriate location of water pollution prevention facilities(WPPF) through evaluating location decision factor using environmental geographic information system. To do that, this research reviewed the current location policies of WPPFs and its related researches. And this paper builds water pollutant statistical databases, integrated them with the geographic information system of the administrative areas where water pollutants are generated, and gears it with statistical programs such as correlation and regression analysis in order to figure out the pollution factors which influence on the location decision of WPPF on the real time base. The volume of discharge of industrial wastewater is one of the most important water pollutants on the location decision of WPPF. And the number of industrial facilities also was the most important location decision factor in constructing the WPPFs. In addition, this paper noted that the number of population in each area makes a role to restraint the construction of WPPF. It identified that the disposal facility in Nackdong river upper-middle watersheds was insufficient in treating the livestock pollutants. Therefore, Gyeongbuk should concentrate on the construction of disposal facilities of livestock pollutant in these areas. The results of this research will contribute to decide what kinds of WPPF should be constructed on which watershed in Nackdong River, and to forecast the future water quality of each watershed.

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A Study on the Forecast of Industrial Land Demand and the Location Decision of Industrial Complexes - In Case of Anseong City (산업용지 수요예측 및 산업단지 입지선정에 관한 연구 - 안성시를 사례로 -)

  • Cho, Kyu-Young;Park, Heon-Soo;Chung, Il-Hoon
    • Journal of Korean Society of Rural Planning
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    • v.14 no.3
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    • pp.37-51
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    • 2008
  • This study aims to build a model dealing with the location decision of new manufacturing firms and their land demand. The model is composed with 1) the binary logit model structure identifying a future probability of manufacturing firms to locate in a city and their land demand; and 2) the land use suitability of the land demand. The model was empirically tested in the case of Anseong City. We used establishment-level data for the manufacturing industry from the Report on Mining and Manufacturing Survey. 48 industry groups were scrutinized to find the location probability in the city and their land demand via logit model with the dependent variables: number of employment, land capital, building capital, total products, and value-added for a new industry since 2001. It is forecasted that the future land areas (to 2025) for the manufacturing industries in the city are $5.94km^2$ and additional land demand for clustering the existing industries scattered over the city is $2.lkm^2$. Five industrial complex locations were identified through the land use suitability analysis.

Application of GIS Based AHP for Route Location (노선 선정에서 계층분석과정을 이용한 GIS의 적용)

  • Roh, Tae Ho;Jeong, In Ju;Lee, Sung Rock
    • Journal of the Korean Association of Geographic Information Studies
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    • v.8 no.2
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    • pp.55-67
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    • 2005
  • This study presented the route location method by applying AHP and evaluating quantitatively. This study developed the program that can be easily applied to this kind of road design, and built the decision support system for route location. The study results are summarized as follows ; We could quantitatively evaluate the appropriateness of exiting routes by applying the AHP based on GIS. If we apply this to the roads that will be newly constructed, we can make the objective and reliable route location when making road plans and basic designs. We improved the technique of route location by applying the decision support system with third-dimensional data, which considers even the vertical alignment plan, to the existing decision support system with second-dimensional data. And, since we can set those data such as vertical slope, earth-volume, structure size, location and construction cost to independent variables, we can make road designs more scientifically and reasonably.

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The Spatial Fuzzy Approach to Multi-Criteria Decision Analysis for Flood Management (홍수터 관리 최적대안 결정을 위한 공간퍼지접근)

  • Lim, Kwang-Suop;Choi, Si-Jung
    • Proceedings of the Korea Water Resources Association Conference
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    • 2009.05a
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    • pp.1647-1651
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    • 2009
  • The uncertainty or imprecision associated with vague parameters and weighting sets, reduces the ability to decide what alternative is better for a particular location. To efficiently reduce the effect of imprecision frequently arising in available information, fuzzy theory has been used to improve consideration of imprecision in a Multi-Criteria Decision Analysis (MCDA) problem. Fuzzy logic offers a way to represent and handle imprecision present in continuous real world applications. A GIS implementing fuzzy set theory, (referred to in this paper as the "Spatial Fuzzy Approach") enables decision makers to express imprecise concepts associated with geographic data and provides decision makers the ability to have even more definition and discrimination in terms of the best alternatives for a particular spatial location. This study is focused on addressing questions pertaining to the methodology of floodplain analysis using GIS and Spatial Fuzzy MCDA to evaluate flood damage reduction alternatives. The issues will be examined in a case study of the Suyoung River Basin in Pusan, Korea.

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An Approach to Multi-Stage Decision Process for Optimum Location (단계적 최적립지 결정 방법에 관한 연구)

  • 김복만;김지일
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.30
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    • pp.11-24
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    • 1994
  • The problem of location for industries and residential quarters has undoubtedly been one of the most important factors to enhance human activities and standard of living. Nonetheless. there seem to be no such theories or approaches as to cope with this problem satisfactorily. As a matter of fact the evaluation of proposed locations so far has stuck to quantitative factors and thus the results are often rejected by the public or individuals. In deciding the location of industrial complex and/or residential quarters, the qualitative factors often play more important role than the quantitative factors. Moreover, it is quite possible for a proposed location to be disapproved for reasons other than quantifiable factors. This work presents an approach to multi-stage decision process of optimum location, particularly for residential quarters. The proposed approach consists of four stages. At the first stage, candidates for the location are searched and checked against musts. After this screening process, the candidates fulfilling the musts are evaluated both quantitatively and qualitatively at the second stage. The third stage is devoted to the integrated evaluation using diffrent weights for the two factors. At the final stage, a location is selected among the candidates evaluated at the earlier stages. This approach has been applied to and tested on a apartment-building project in Ulsan area. Difficulties arising from quantifying factors were encountered as expected. Sometimes decisions could be a matter of taste of the individuals concerned.

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Hybrid Optimization for Distribution Channel Management: A Case of Retail Location Selection

  • NONG, Nhu-Mai Thi;HA, Duc-Son
    • Journal of Distribution Science
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    • v.19 no.12
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    • pp.45-56
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    • 2021
  • Purpose: This study aims to introduce a hybrid MCDM model to support the selection of retail store location. Research design, data, and methodology: The hybrid approach of ANP and TOPSIS was used to address the location selection problem. The ANP technique was employed to compute the weights of the selection criteria, whilst the TOPSIS was used to rank alternatives. The proposed approach was then applied into a fashion company in Vietnam to select the best alternatives to be the retail store. Results: The results showed that Candidate 1 - Hai Ba Trung street is the most appropriate selection for locating retail stores. Conclusions: The proposed approach provides the decision makers with more useful methods than traditional ones. Therefore, the model can be applied to the location selection in all industries. In terms of academic contribution, the selection criteria proposed in the research can devote to the literature in the selection of location along with the concept of distribution channels. Additionally, the research also provides insight and guidelines for firms in making decision on retail store location based on limited resources to avoid the waste of funds. However, the results only answer to the context of Vietnam - a developing country. Thus, future research may be extended to developed countries where have better conditions.