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Application Of Some Locational Models in Natural Resources Industry – Agriculture Case

Author

Listed:
  • Bisera Andria Gusavac

    (University of Belgrade, Faculty of Organizational Sciences)

  • Dragana Stojanovic

    (University of Belgrade, Faculty of Organizational Sciences)

  • Zeljko Sokolovic

    (Railroad Technician School)

Abstract

Nowadays large scale, uncertainty and multiple objectives appear increasingly in decision processes. One of the very important strategic decision for starting a business is where to locate facility. Application of operations research methods and models has had a great success throughout the years, including modeling and solving various location problems. Natural resources industry, especially agriculture sector, is a significant factor of growth and prosperity most commonly for developing countries. Operations research/management science (OR/MS) contributions in each one of applied areas of natural resource industry – agriculture, fisheries, forestry and mining are very significant. In this paper we present application of Capacitated Facility Location Problem (CFLP) in agriculture sector and we are encouraging researchers to use quantitative techniques in order to manage the use of different natural resources.

Suggested Citation

  • Bisera Andria Gusavac & Dragana Stojanovic & Zeljko Sokolovic, 2014. "Application Of Some Locational Models in Natural Resources Industry – Agriculture Case," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(8), pages 82-93, August.
    • Handle: RePEc:rsr:supplm:v:62:y:2014:i:8:p:82-93
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    References listed on IDEAS

    as
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