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Evaluation of Individual Production Sites

Chapter
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 594)

Abstract

The need to evaluate production sites can arise in different situations. Most obviously, a network optimization project resulting in the decision to establish new production capacity may require a site selection phase in one or more countries (cf. Chap. 2.4.4). Depending on the status quo, the task either is to identify and evaluate potential production sites or to choose the most suitable one from a set of existing sites. Conversely, if capacity is to be reduced potential closure candidates might have to be assessed to identify the one least suitable for future use. Additionally, as pointed out in Chapter 2.4.5, a regular evaluation of all production sites is also required in the context of site controlling. Here the objective is to rank a company’s entire portfolio of existing sites to identify action needs.

Keywords

Data Envelopment Analysis Analytic Hierarchy Process Data Envelopment Analysis Model Analytic Network Process Objective Weight 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 37.
    Some authors also use the term “Decision Aid” synonymously. In the past, also the terms “Decision Making” and “Decision Science” were used. However, as discussed by Roy (1993) and Roy (1990a), the latter terms imply a level of objectivity that cannot be achieved in real-life decision situations.Google Scholar
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    Which were defined as having no directly measurable financial impact, cf. p. 23.Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2007

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