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Finding the right location – minimizing disruption costs

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Classical facility location models assume that once optimally located and set up, facilities will operate as planned, smoothly, and without interruption. In reality, though, operations seldom go as planned; interruptions, unscheduled downtime and failures occur every once in a while, with unplanned and unbudgeted disruption costs as a consequence.

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ARTICLES and PAPERS
Risky ramblings
Why such a title for today's post? The abstract of the 2004 article Risky business: Expanding the di[...]
Finding the right location - minimizing disruption costs
Classical facility location models assume that once optimally located and set up, facilities will op[...]
BOOKS and BOOK CHAPTERS
Book Review: Single Point of Failure
Just out a few days ago, Single Point of Failure is a fascinating read. The author, Gary S. Lynch, i[...]
Risk Management Simplified
Risk management. Why make it difficult when you can make it easy? That is perhaps what Andy Osborne [...]
REPORTS and WHITEPAPERS
Are roads more important than computers?
Critical Infrastructure. Which is more important - or 'critical' - road networks or computers? What [...]
Global Risks 2008 - A prediction come true
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from HERE and THERE
What are you afraid of?
What do businesses in Scandinavia fear the most? That is what Nordic insurance giant If Insurance de[...]
A crisis is NOT an opportunity
Time to debunk one of biggest and most persistent myths that has plagued crisis management for more [...]