Concepedia

Abstract

This paper presents a multi-criteria decision making (MCDM) methodology for the location problem. In fact, a new mathematical model is proposed with the aid of the fuzzy analytic hierarchy process (FAHP) to make the plant location decision. This model makes possible to select the optimal plant location that is the most preferable for both investors and managers. To illustrate the application of our proposed mathematical model, a numerical example is provided and solved. Finally, the associated results are compared with the results reported in the literature and the informational efficacy of the proposed model is also discussed. The approach of this study is applied to those organizations seeking a site for the new facility or a relocation of existing facilities; furthermore, with the consideration of the relevant factors it could apply for the power plants location selection.

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