: SAGE: facilities location decision

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facilities location decision

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]

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