8-1 Location Planning and Analysis Operations Management William J. Stevenson 8th edition 8-2 Location Planning and Analysis CHAPTER 8 Location Planning and Analysis Operations Management, Eighth Edition, by William J. Stevenson Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 8-3 Location Planning and Analysis Need for Location Decisions • Marketing Strategy • Cost of Doing Business • Growth • Depletion of Resources 8-4 Location Planning and Analysis Nature of Location Decisions • Strategic Importance • • • • Objectives • • • • Profit potential No single location may be better than others Identify several locations from which to choose Options • • • 8-5 Long term commitment/costs Impact on investments, revenues, and operations Supply chains Expand existing facilities Add new facilities Move Location Planning and Analysis Making Location Decisions Decide on the criteria Identify the important factors • Develop location alternatives • Evaluate the alternatives • Make selection • • 8-6 Location Planning and Analysis Location Decision Factors Regional Factors Community Considerations Multiple Plant Strategies Site-related Factors 8-7 Location Planning and Analysis Regional Factors Location of raw materials • Location of markets • Labor factors • Climate and taxes • 8-8 Location Planning and Analysis Community Considerations Quality of life Services • Attitudes • Taxes • Environmental regulations • Utilities • Developer support • • 8-9 Location Planning and Analysis Site Related Factors Land Transportation • Environmental • Legal • • 8-10 Location Planning and Analysis Multiple Plant Strategies Product plant strategy • Market area plant strategy • Process plant strategy • 8-11 Location Planning and Analysis Table 8.2 Comparison of Service and Manufacturing Considerations Manufacturing/Distribution Service/Retail Cost Focus Revenue focus Transportation modes/costs Demographics: age,income,etc Energy availability, costs Population/drawing area Labor cost/availability/skills Competition Building/leasing costs Traffic volume/patterns Customer access/parking 8-12 Location Planning and Analysis Trends in Locations • Foreign producers locating in U.S. • • • • • “Made in USA” Currency fluctuations Just-in-time manufacturing techniques Microfactories Information Technology 8-13 Location Planning and Analysis Table 8.3 Foreign Government Cultural Differences a. Policies on foreign ownership of production facilities Local Content Import restrictions Currency restrictions Environmental regulations Local product standards b. Stability issues Living circumstances for foreign workers / dependents Religious holidays/traditions Customer Preferences Possible buy locally sentiment Labor Level of training and education of workers Work practices Possible regulations limiting number of foreign employees Language differences Availability and quality of raw materials, energy, transportation Resources 8-14 Location Planning and Analysis Evaluating Locations • Cost-Profit-Volume Analysis • Determine fixed and variable costs • Plot total costs • Determine lowest total costs 8-15 Location Planning and Analysis Location Cost-Volume Analysis • Assumptions Fixed costs are constant Variable costs are linear • Output can be closely estimated • Only one product involved • • 8-16 Location Planning and Analysis Example 1: Cost-Volume Analysis Fixed and variable costs for four potential locations L o c a tio n F ix e d C ost $ 2 5 0 ,0 0 1 0 0 ,0 0 1 5 0 ,0 0 2 0 0 ,0 0 A B C D V a r ia b le C ost $11 30 20 35 0 0 0 0 8-17 Location Planning and Analysis Example 1: Solution Fixed Costs A B C D $250,000 100,000 150,000 200,000 Variable Costs Total Costs $11(10,000) 30(10,000) 20(10,000) 35(10,000) $360,000 400,000 350,000 550,000 8-18 Location Planning and Analysis Example 1: Solution $(000) 800 700 600 500 400 300 200 100 0 0 D B C A A Superior C Superior B Superior 2 4 6 8 10 Annual Output (000) 12 14 16 8-19 Location Planning and Analysis Evaluating Locations • Transportation Model • • Factor Rating • • Decision based on movement costs of raw materials or finished goods Decision based on quantitative and qualitative inputs Center of Gravity Method • Decision based on minimum distribution costs