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A Long-Range Selection and Timing Analysis System for Facility Location: Implementation

Carl F. Meyer

Management Science · 1973 · Volume 20 · Issue 3

DOI: 10.1287/mnsc.20.3.261

Abstract

This paper describes the application of a mixed-integer program to the problem of providing strategic decisions for the selection and timing of a set of proposed facilities to serve distinct geographic regions. Solutions to this selection-timing process are obtained by the system presented so as to maximize the ratio of total net revenues to total assets. In addition, a series of optimal integer solutions to a large-scale problem is included with discussion and analysis.

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