Instal : Jurnal Komputer
Vol 16 No 03 (2024): Instal : Jurnal Komputer

Determining the Best Location for a New Retail Branch with the Weighted Aggregated Sum Product Assessment Method

Aldy (Unknown)
Hendrawan, Jodi (Unknown)
Putra, Hardiansyah (Unknown)



Article Info

Publish Date
04 Oct 2024

Abstract

Determining a strategic location for the opening of a new branch is an important decision in the development of the retail business. Choosing the right location can increase competitiveness and business success, while choosing the right one can pose a risk of loss. This article aims to evaluate and determine the best location for a new retail branch using the Weighted Aggregated Sum Product Assessment (WASPAS) method. The WASPAS method was chosen because of its ability to combine two multi-criteria approaches, namely the Weighted Sum Model (WSM) and the Weighted Product Model (WPM), which allows for a more comprehensive assessment of various location determinants, such as demographics, accessibility, operational costs, and market potential. Through a case study conducted on a company, the results of this study show that the WASPAS method can provide accurate and reliable recommendations in determining the best location for a new branch. The resulting recommendations are expected to support better strategic decision-making in the development of retail networks.

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Journal Info

Abbrev

Instal

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management

Description

Focus And Scope Instal : Jurnal Komputer is a peer-reviewed scientific journal published by CV. Cattleya Darmaya Fortuna which has been published since 2009. The aim of this journal is to publish high-quality articles dedicated to all aspects of the latest outstanding developments in the field of ...