AM-46 - Location-allocation modeling
Location-allocation models involve two principal elements: 1) multiple facility location; and 2) the allocation of the services or products provided by those facilities to places of demand. Such models are used in the design of logistic systems like supply chains, especially warehouse and factory location, as well as in the location of public services. Public service location models involve objectives that often maximize access and levels of service, while private sector applications usually attempt to minimize cost. Such models are often hard to solve and involve the use of integer-linear programming software or sophisticated heuristics. Some models can be solved with functionality provided in GIS packages and other models are applied, loosely coupled, with GIS. We provide a short description of formulating two different models as well as discuss how they are solved.
DA-10 - GIS&T and Real Estate
Real Estate GIS concerns all dimensions of real estate that can be better understood or operationalized by knowing its geospatial context. Improving real estate decisions via GIS and related geospatial technologies is now expected by management of all industries, as well as home-renters and home-buyers in the residential market. Real Estate GIS Specialists are individuals who have applied knowledge and skills across the disciplines of business geography, the practice of real estate, and the application of geospatial technologies to support decision making in this realm. There is a good reason why the mantra of “location, location, location” is a long-standing tenet within the business of real estate.