TY - JOUR
T1 - Evaluation of interconnected production sites taking into account multidimensional uncertainties
AU - Krebs, Pascal
AU - Reinhart, Gunther
PY - 2012/12
Y1 - 2012/12
N2 - 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.
AB - 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.
KW - Modeling of uncertainty
KW - Multidimensional uncertainty
KW - Production sites
KW - Risk evaluation
UR - http://www.scopus.com/inward/record.url?scp=84869496011&partnerID=8YFLogxK
U2 - 10.1007/s11740-012-0409-3
DO - 10.1007/s11740-012-0409-3
M3 - Article
AN - SCOPUS:84869496011
SN - 0944-6524
VL - 6
SP - 587
EP - 601
JO - Production Engineering
JF - Production Engineering
IS - 6
ER -