✅ Production & Operation Management Full Series ✅

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📕 Purchase Production & Operation Management PDF Book 📕

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📌 Facility or Plant Location Timestamps

00:00 Starting
00:39 Purchase PDF BOOK of Production & Operation Management
01:07 Meaning of Plant Location
02:41 Importance of Plant Location
05:37 Factor Affecting Plant Location
11:30 Methods of Plant Location analysis

👉 What is Plant or Facility Location

Facility or Plant location means determining where the plant should be located for getting maximum economic benefits and effectiveness. In simple words, the area or location where the firm set up its plant is called a plant location. It is an important decision in the case of new entrepreneurs. Economic benefits like cheep & quality raw material, transport availability, near to market, good man power, etc.

👉 IMPORTANCE OF PLANT LOCATION

1.) Nature and size of business
2.) Production technology and cost structure
3.) Customer Service
4.) Competition
5.) Physical factors

👉 Factors Affecting Plant Location

1.) Availability of Raw Materials
2.) Nearness to Markets
3.) Transport Facilities
4.) Availability of labor and staff
5.) Availability of Fuel and Power
6.) Government policies
7.) Availability of Water
8.) Availability of finance

👉 Location analysis Techniques/Methods

1.) Factor-Rating Method
2.) Location Break-Even Analysis
3.) Center-of-Gravity Method
4.) Transportation Model

What is Facility or Plant Location
What is the Meaning of Plant Location
What are the Importance of Plant Location
What are the Factor Affecting Plant Location
What are the Methods of Plant Location analysis

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