On Application of E – Linmap Model for Optimal Decision Making on Location of VIP Fast Food Restaurant in Akwa Ibom State, Nigeria
Science Journal of Applied Mathematics and Statistics
Volume 4, Issue 5, October 2016, Pages: 225-228
Received: Aug. 13, 2016; Accepted: Aug. 22, 2016; Published: Sep. 28, 2016
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Authors
Effanga Effanga Okon, Department of Statistics, Faculty of Physical & Applied Sciences, University of Calabar, Calabar, Nigeria
Okpara Virtue Ihuoma, Department of Statistics, Faculty of Physical & Applied Sciences, University of Calabar, Calabar, Nigeria
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Abstract
In this paper, the extended LINMAP model developed in (Effanga and Okpara, 2015) is applied to make optimal decision on location of VIP fast food restaurant in Akwa State of Nigeria. The management of the VIP fast food restaurant considered extending their services to five towns (Uyo, Eket, Ikot Ekpene, Oron and Ikot Abasi) in Akwa Ibom State. The attributes considered in the evaluation of the locations are Population, Number of retail outlets, Average family income, Start-up cost, and Taxes. The solution of our model identifies Eket as the best town to operate the business followed by Ikot Abasi, Uyo, Oron and Ikot Ekpene.
Keywords
Minkowski Metric, Optimal Decision, Utility Function, Ideal Point, Attributes
To cite this article
Effanga Effanga Okon, Okpara Virtue Ihuoma, On Application of E – Linmap Model for Optimal Decision Making on Location of VIP Fast Food Restaurant in Akwa Ibom State, Nigeria, Science Journal of Applied Mathematics and Statistics. Vol. 4, No. 5, 2016, pp. 225-228. doi: 10.11648/j.sjams.20160405.15
Copyright
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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