Evaluation of interconnected production sites taking into account multidimensional uncertainties |
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Authors: | Pascal Krebs Gunther Reinhart |
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Affiliation: | 1. Institute for Machine Tools and Industrial Management (iwb), Technische Universit?t M??nchen, Boltzmannstra?e 15, 85748, Garching, Germany
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Abstract: | The production sites of international companies are becoming increasingly interconnected. Due to the uncertainty of multiple factors, determining a location is a strategic choice entailing high financial risk. For this reason, a method for site evaluation was developed allowing multidimensional, i.e., both quantitative and qualitative, uncertainties to be taken into account. The uncertainties are modeled with both probability and fuzzy-set theory and integrated into a modular-structured monetary calculation model. For the analysis and interpretation of evaluation results, methods have been developed which allow risk assessment. The developed method provides a way to handle existing location risks and can thus ensure the success of manufacturing companies in the long term. |
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