Abstract
With the advent and development of Industry 4.0 and 5.0, manufacturing modes have changed and numerous newly complicated and integrated village-level industrial parks have emerged in the Southeast of China, where several enterprises are gathered in the same multistory building. The number of floors and surrounding enterprises can have an impact on accident risk. To reduce the overall risk level of industrial parks, the layout of enterprises with different risks needs to be well designed and optimized. However, to date, limited studies have been conducted to emphatically consider safety and optimize the enterprise layout at an industrial area level, and most studies focus on the cost of the layout. Therefore, this study proposed three biobjective mathematical optimization models to obtain the trade-off between minimizing risk and maximizing rental profit. Risk factors include the enterprise location and the association risk; the enterprise inherent safety risks are not considered. To solve this problem, a specific linearization strategy was proposed and an epsilon-constraint method was applied to obtain Pareto-optimal solutions. Subsequently, an industrial park in Shunde, China, was considered as a case study to verify the performance of the proposed models and methods. Finally, a sensitivity analysis of critical parameters was conducted. The critical factors influencing the objective functions were also analyzed to provide valuable managerial insights.