Abstract: Facility location is a complex real-world problem
which needs a strategic management decision. This paper provides a
general review on studies, efforts and developments in Facility
Location Problems which are classical optimization problems having
a wide-spread applications in various areas such as transportation,
distribution, production, supply chain decisions and
telecommunication. Our goal is not to review all variants of different
studies in FLPs or to describe very detailed computational techniques
and solution approaches, but rather to provide a broad overview of
major location problems that have been studied, indicating how they
are formulated and what are proposed by researchers to tackle the
problem. A brief, elucidative table based on a grouping according to
“General Problem Type” and “Methods Proposed” used in the studies
is also presented at the end of the work.
Abstract: The scope of this paper and the aim of proposed model were to apply monetary Input –Output (I-O) analysis to point out the importance of reusing know-how and other requirements in order to reduce the production costs in a manufacturing process for a laptop computer. I-O approach using the monetary input-output model is employed to demonstrate the impacts of different factors in a manufacturing process. A sensitivity analysis showing the correlation between these different factors is also presented. It is expected that the recommended model would have an advantageous effect in the cost minimization process.