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Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company

Ghazali, Zulkipli and Abd Majid , M Amin and Mohd , Shazwani (2012) Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company. In: 2012 The 3rd International Conference on Production, Energy and Reliability (ICPER2012), 12-14 July 2012, Kuala Lumpur Convention Center.

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Abstract

Managers regularly make decisions pertaining to the effective and efficient allocation of resources to various activities in meeting organizational objective. The task of deciding the optimum plan for distributing goods at the lowest cost possible is a case in point. Minimizing cost of transportation is fundamental for companies in the midst of highly competitive business environment. This paper highlights the application of linear programming and spreadsheet that facilitate managers in a Malaysian Trading Company in determining the optimum transportation plan that leads to the lowest transportation cost of polymer from four plants to four demand destinations. It also discusses sensitivity technique in analyzing the impact of uncertainty of unit shipping cost to the total shipping cost of the trading company.

Item Type:Conference or Workshop Item (Paper)
Subjects:T Technology > TJ Mechanical engineering and machinery
Departments / MOR / COE:Departments > Mechanical Engineering
ID Code:7802
Deposited By: AP Ir Dr Mohd Amin Abd Majid
Deposited On:14 Aug 2012 03:08
Last Modified:19 Jan 2017 08:21

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