{"year":"2011","status":"public","publisher":"Xpert Publishing Services","abstract":[{"lang":"eng","text":"This paper describes how methods and techniques from different fields of research can be combined to evaluate cost-intensive and business-critical decisions regarding future market development. In their concrete application a leading company from the construction supply industry has to make a decision on setting up of a spare part logistic. Three future alternatives (negative, constant, positive market growth) on market trends are simulated with a Monte Carlo simulation by considering a given demand history and possible locations for storage facilities were isolated by applying the Steiner-Weber method. Finally solving a mixed-integer formulation of the Uncapacitated-Facility-Location-Problem gives information on opening/closing new/existing storage facilities by minimizing all relevant costs. The results of this approach, containing information about a cost-based evaluation of all business related decision criteria, were examined with a sensitivity analysis.\r\n"}],"author":[{"first_name":" Wilhelm ","full_name":"Dangelmaier,  Wilhelm ","last_name":"Dangelmaier"},{"last_name":"Laroque","full_name":"Laroque, Christoph","first_name":"Christoph"},{"full_name":"Delius, Robin","last_name":"Delius","first_name":"Robin"},{"last_name":"Streichhan","full_name":"Streichhan, Jenny","first_name":"Jenny"}],"department":[{"_id":"671"}],"_id":"26365","title":"Applying Simulation and Mathematical Programming on a Business Case Analysis for Setting up a Spare Part Logistics in the Construction Supply Industry","date_created":"2021-10-16T12:25:36Z","citation":{"bibtex":"@inproceedings{Dangelmaier_Laroque_Delius_Streichhan_2011, title={Applying Simulation and Mathematical Programming on a Business Case Analysis for Setting up a Spare Part Logistics in the Construction Supply Industry}, booktitle={Proceedings of The Third International Conference on Advances}, publisher={Xpert Publishing Services}, author={Dangelmaier,  Wilhelm  and Laroque, Christoph and Delius, Robin and Streichhan, Jenny}, year={2011}, pages={162–168} }","ama":"Dangelmaier  Wilhelm , Laroque C, Delius R, Streichhan J. Applying Simulation and Mathematical Programming on a Business Case Analysis for Setting up a Spare Part Logistics in the Construction Supply Industry. In: <i>Proceedings of The Third International Conference on Advances</i>. Xpert Publishing Services; 2011:162-168.","mla":"Dangelmaier,  Wilhelm , et al. “Applying Simulation and Mathematical Programming on a Business Case Analysis for Setting up a Spare Part Logistics in the Construction Supply Industry.” <i>Proceedings of The Third International Conference on Advances</i>, Xpert Publishing Services, 2011, pp. 162–68.","ieee":"Wilhelm  Dangelmaier, C. Laroque, R. Delius, and J. Streichhan, “Applying Simulation and Mathematical Programming on a Business Case Analysis for Setting up a Spare Part Logistics in the Construction Supply Industry,” in <i>Proceedings of The Third International Conference on Advances</i>, 2011, pp. 162–168.","chicago":"Dangelmaier,  Wilhelm , Christoph Laroque, Robin Delius, and Jenny Streichhan. “Applying Simulation and Mathematical Programming on a Business Case Analysis for Setting up a Spare Part Logistics in the Construction Supply Industry.” In <i>Proceedings of The Third International Conference on Advances</i>, 162–68. Xpert Publishing Services, 2011.","short":"Wilhelm  Dangelmaier, C. Laroque, R. Delius, J. Streichhan, in: Proceedings of The Third International Conference on Advances, Xpert Publishing Services, 2011, pp. 162–168.","apa":"Dangelmaier,  Wilhelm , Laroque, C., Delius, R., &#38; Streichhan, J. (2011). Applying Simulation and Mathematical Programming on a Business Case Analysis for Setting up a Spare Part Logistics in the Construction Supply Industry. <i>Proceedings of The Third International Conference on Advances</i>, 162–168."},"user_id":"71124","language":[{"iso":"eng"}],"publication_status":"published","publication":"Proceedings of The Third International Conference on Advances","conference":{"end_date":"2011-10-29","start_date":"2011-10-23"},"type":"conference","date_updated":"2022-01-25T18:16:50Z","page":"162-168"}