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LOTERRE

LOTERRE

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Concept information

Preferred term

facilities location decision  

Definition(s)

  • Facility comprises the physical resources such as land, plant, machinery, and equipment that are brought together at one geographic location for the purpose of producing particular goods and/or services. Decisions on these resources are therefore of paramount importance for firms, not least because they involve large capital investments; once made, these decisions cannot be easily or cheaply undone. [Source: Encyclopedia of Business in Today's World; Facilities Location Decision]

Broader concept(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-TJGJ0RQD-C

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