While using the load distance method (L-D) to select the location of the plant, the suitable location to be selected is when ∑ (Load X Distance) is maximum for that site ∑ (Load X Distance) is minimum for that site ∑ (Load ÷ Distance) is maximum for that site ∑ (Load ÷ Distance) is minimum for that site

For selecting a location the _____ serves a solution as it minimises the distance between the facility and for future existing location. ans. Minimax Location Model Load Distance Method Weighted Factor Rating Method Transportation Problem

There are 6 existing plants which have a material movement relationship with a new plant. The existing plants have locations of (300,400), (500, 800), (1000, 700), (900, 200), (300, 750) and (1200, 500). The number of tons of materials transported per year from the new plant to various existing plants is 500, 900, 400, 900, 800 and 1600, respectively. Determine the optimum location for the new plant such that the distance moved in transporting the materials to the existing facilities is minimized. Use simple median model and center of gravity location approach explain mathematicallyexpand_more

Which Method helps in selecting the best location which is finalised from the shortlisted ones? ans. Weighted Factor Rating Method Load Distance Method Simple Median Model Factor Rating System

Which Method helps in selecting the best location which is finalised from the shortlisted ones? ans. Weighted Factor Rating Method Load Distance Method Simple Median Model Factor Rating System Previous

As per the point rating method, the best site to locate a new plant isWhere the maximum points for each factor and points assigned for each site with respect to different factors are given in the table below.