{"id":"https://openalex.org/W2006663077","doi":"https://doi.org/10.1080/00137910490498942","title":"APPLYING MONTE CARLO SIMULATION AND RISK ANALYSIS TO THE FACILITY LOCATION PROBLEM","display_name":"APPLYING MONTE CARLO SIMULATION AND RISK ANALYSIS TO THE FACILITY LOCATION PROBLEM","publication_year":2004,"publication_date":"2004-01-01","ids":{"openalex":"https://openalex.org/W2006663077","doi":"https://doi.org/10.1080/00137910490498942","mag":"2006663077"},"language":"en","primary_location":{"id":"doi:10.1080/00137910490498942","doi":"https://doi.org/10.1080/00137910490498942","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00137910490498942","pdf_url":null,"source":{"id":"https://openalex.org/S51113653","display_name":"The Engineering Economist","issn_l":"0013-791X","issn":["0013-791X","1547-2701"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Engineering Economist","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5034597237","display_name":"Justin Ridlehoover","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Justin Ridlehoover","raw_affiliation_strings":["Schneider National, Inc., Green Bay, Wisconsin, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Schneider National, Inc., Green Bay, Wisconsin, USA","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5034597237"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.5319,"has_fulltext":false,"cited_by_count":29,"citation_normalized_percentile":{"value":0.88228857,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"49","issue":"3","first_page":"237","last_page":"252"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11502","display_name":"Facility Location and Emergency Management","score":0.9711999893188477,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11502","display_name":"Facility Location and Emergency Management","score":0.9711999893188477,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.013299999758601189,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.0024999999441206455,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/facility-location","display_name":"facility location","score":0.9639999866485596},{"id":"https://openalex.org/keywords/distribution-center-location","display_name":"distribution center location","score":0.6919999718666077},{"id":"https://openalex.org/keywords/monte-carlo-simulation","display_name":"Monte Carlo simulation","score":0.8529999852180481},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"risk analysis","score":0.9509999752044678},{"id":"https://openalex.org/keywords/shipping-costs","display_name":"shipping costs","score":0.6349999904632568},{"id":"https://openalex.org/keywords/service-level","display_name":"level of service","score":0.8169999718666077},{"id":"https://openalex.org/keywords/logistics-costs","display_name":"logistics costs","score":0.7429999709129333},{"id":"https://openalex.org/keywords/financial-risk","display_name":"financial risk","score":0.5929999947547913},{"id":"https://openalex.org/keywords/location-decision-making","display_name":"location decision-making","score":0.32100000977516174}],"concepts":[{"id":"https://openalex.org/C108005400","wikidata":"https://www.wikidata.org/wiki/Q1305598","display_name":"Facility location problem","level":2,"score":0.822370171546936},{"id":"https://openalex.org/C19499675","wikidata":"https://www.wikidata.org/wiki/Q232207","display_name":"Monte Carlo method","level":2,"score":0.5457290410995483},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.5435838103294373},{"id":"https://openalex.org/C2780378061","wikidata":"https://www.wikidata.org/wiki/Q25351891","display_name":"Service (business)","level":2,"score":0.5084584951400757},{"id":"https://openalex.org/C2776608338","wikidata":"https://www.wikidata.org/wiki/Q6664803","display_name":"Location model","level":2,"score":0.4732692241668701},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.46760597825050354},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.4492805600166321},{"id":"https://openalex.org/C2778572836","wikidata":"https://www.wikidata.org/wiki/Q380933","display_name":"Space (punctuation)","level":2,"score":0.447008341550827},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4415605962276459},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.36921513080596924},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.35399895906448364},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2045629322528839},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.19401919841766357},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.1300092339515686},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.1274459958076477},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.11682635545730591},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/00137910490498942","doi":"https://doi.org/10.1080/00137910490498942","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00137910490498942","pdf_url":null,"source":{"id":"https://openalex.org/S51113653","display_name":"The Engineering Economist","issn_l":"0013-791X","issn":["0013-791X","1547-2701"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Engineering Economist","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","score":0.428600013256073,"id":"https://metadata.un.org/sdg/9"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W2006154742","https://openalex.org/W2029097970","https://openalex.org/W2041085006","https://openalex.org/W2134798735","https://openalex.org/W2140481308","https://openalex.org/W2170655593","https://openalex.org/W2970576388","https://openalex.org/W4251847561"],"related_works":["https://openalex.org/W2013373181","https://openalex.org/W7005690466","https://openalex.org/W1484090621","https://openalex.org/W2551062794","https://openalex.org/W7215492277","https://openalex.org/W6964916055","https://openalex.org/W4386893167","https://openalex.org/W2503885454","https://openalex.org/W248819225","https://openalex.org/W2766835433"],"abstract_inverted_index":{"Facility":[0],"location":[1,68,82,121],"problems":[2],"have":[3],"become":[4],"a":[5,18,26,29,41,80,98,103,113,123],"more":[6],"strategic":[7],"decision":[8],"than":[9],"just":[10],"finding":[11],"the":[12,23,33,38,66,71,119],"lowest":[13],"cost":[14,39],"space":[15],"to":[16,105,117],"house":[17],"company's":[19],"product.":[20],"When":[21],"choosing":[22,65,97],"placement":[24],"of":[25,40,122],"distribution":[27],"center,":[28],"company":[30],"must":[31],"weigh":[32],"new":[34,42,124],"freight":[35],"costs":[36,63],"and":[37,74,94,110],"or":[43],"leased":[44],"structure":[45],"against":[46],"its":[47],"necessary":[48],"service":[49],"levels,":[50],"as":[51,53],"well":[52],"several":[54],"other":[55],"factors.":[56],"Companies":[57],"can":[58],"also":[59],"save":[60],"on":[61],"logistics":[62],"in":[64,79,85,96],"correct":[67],"by":[69],"incorporating":[70],"inherent":[72],"risk":[73,93,115],"variability":[75,95],"that":[76],"are":[77],"involved":[78],"facility":[81],"decision.":[83],"However,":[84],"reality,":[86],"most":[87],"companies":[88],"do":[89],"not":[90],"analytically":[91],"consider":[92],"location.":[99],"This":[100],"article":[101],"presents":[102],"methodology":[104],"help":[106],"determine":[107,118],"candidate":[108],"locations":[109],"then":[111],"conduct":[112],"financial":[114],"analysis":[116],"ideal":[120],"facility.":[125]},"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}