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

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 transportatio...

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Main Authors: Ghazali, Zulkipli, Abd Majid , M Amin, Mohd , Shazwani
Format: Conference or Workshop Item
Published: 2012
Subjects:
TJ Mechanical engineering and machinery
Online Access:http://eprints.utp.edu.my/7802/1/1569574125.pdf
http://eprints.utp.edu.my/7802/
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spelling my.utp.eprints.78022017-01-19T08:21:57Z Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company Ghazali, Zulkipli Abd Majid , M Amin Mohd , Shazwani TJ Mechanical engineering and machinery 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. 2012 Conference or Workshop Item PeerReviewed application/pdf http://eprints.utp.edu.my/7802/1/1569574125.pdf 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. http://eprints.utp.edu.my/7802/
institution Universiti Teknologi Petronas
building UTP Resource Centre
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Petronas
content_source UTP Institutional Repository
url_provider http://eprints.utp.edu.my/
topic TJ Mechanical engineering and machinery
spellingShingle TJ Mechanical engineering and machinery
Ghazali, Zulkipli
Abd Majid , M Amin
Mohd , Shazwani
Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company
description 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.
format Conference or Workshop Item
author Ghazali, Zulkipli
Abd Majid , M Amin
Mohd , Shazwani
author_facet Ghazali, Zulkipli
Abd Majid , M Amin
Mohd , Shazwani
author_sort Ghazali, Zulkipli
title Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company
title_short Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company
title_full Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company
title_fullStr Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company
title_full_unstemmed Optimal Solution of Transportation Problem Using Linear Programming: A Case of a Malaysian Trading Company
title_sort optimal solution of transportation problem using linear programming: a case of a malaysian trading company
publishDate 2012
url http://eprints.utp.edu.my/7802/1/1569574125.pdf
http://eprints.utp.edu.my/7802/
_version_ 1738655603631325184
score 13.211869

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