Facility Location Planning

Methods to determine location of a business facility.

What you'll learn
Factors affecting facility location decisions.
Learn how break-even analysis can help in facility location planning
Facility location planning using center of gravity method and factor location rating method
Facility location planning using simple medium method and using transportation method.
Requirements
You don’t need any perquisites for taking this course
Description
In this course, you will learn the different factors affecting Facility location planning including examples. You will also learn about the different methods which can help in identification of most optimal location of a business facility like corporate office, retail stores, manufacturing facility etc. The right location of a facility plays a pivotal role in determining the success of operations and profitability of the facility. For example, if a manufacturing facility is located at a place where proper raw material or labor is not available, then the location will not be able to run smoothly. Similarly, if a retail outlet/store is at a location where the customers do not need the products, then the store will not be able to run profitably.This course can be useful for students studying operations management, professionals working in IT industry responsible for designing software which helps in deciding the location of a business facility. There will be 11 lectures in the course covering the main topics of facility location planning.Following are the lectures that are part of the facility location planning course- Factors affecting facility location, Fundamentals of Factor location rating method, Fundamentals of Break-even analysis, Fundamentals of Center of Gravity method, Fundamentals of Simple Median model and Fundamentals of Transportation model. This will also cover examples of each of these topics.

Overview

Section 1: Facility location factors:

Lecture 1 Factors affecting facility location

Section 2: Factor location rating and Break-even analysis method:

Lecture 2 Factor location rating method - Fundamentals

Lecture 3 Factor location rating method - Example 1

Lecture 4 Break even analysis - Fundamentals

Lecture 5 Break even analysis - Example 1

Lecture 6 Break even analysis - Example 2

Lecture 7 Break even analysis - Example 3

Section 3: Other methods:

Lecture 8 Center of Gravity method - Fundamentals

Lecture 9 Simple Median model - Fundamentals

Lecture 10 Transportation model - Example 1

Lecture 11 Transportation model - Example 2

Section 4: QUIZ

The course can be useful for students studying operations management, professionals working in IT industry responsible for designing software which help in deciding the location of a business facility.