scholarly journals Minimizing the Cost of Transporting Goods Produced in an Integrated Foods Company.

2015 ◽  
Vol 6 ◽  
pp. 106-111
Author(s):  
M M Kembe ◽  
A R Kimbir ◽  
E M Ogbuagu
Keyword(s):  
Optimal Solution ◽  
Minimum Cost ◽  
Transportation Cost ◽  
Distribution Centers ◽  
Net Profit ◽  
Soya Oil ◽  
Average Quantity ◽  
Or Organization ◽  
The Cost ◽  
Transportation Schedule

The transportation cost of goods in any company or organization is a pivotal element in determining the total cost of production and also the net profit that will be made. The main aim of this study is to minimize the cost of transporting goods produced at Grand Cereals Limited, Jos, which is reducing the cost of transportation from the major plant where the goods are produced to the various distribution centers. Data was collected on the average quantity of Brabusco Maize Flour (10 kg), Grand Pure Soya Oil (10 litres), Vita Chicks Pelletized Feeds (25 kg, 9 mm) and Royal Layer Concentrate Feeds (25 kg) produced monthly at the Jos plant, the average quantity demanded by major distributors across the country (Yola, Dutse, Minna, Abuja, Aba, Onitsha, Calabar and Ikeja) and the cost of transporting them. The Vogel's Approximation Method of the TORA Optimization System Software was used in solving the formulated transportation problem, and an optimal solution of N3,427,821.00 was obtained, which reduced the monthly transportation cost by N332,179.00. Furthermore, sensitivity analysis was carried out on the parameters after the optimal solution was obtained, which shows that the optimal solution is strongly sensitive to changes in the problem parameters. It was concluded that this work has reduced the transportation cost of the company and therefore recommended to the management of the company for adoption in planning their transportation schedule at a minimum cost.

OPTIMAL FEASIBLE SOLUTIONS TO A ROAD FREIGHT TRANSPORTATION PROBLEM

2020 ◽  
Vol 5 (1) ◽  
pp. 456
Author(s):  
Tolulope Latunde ◽  
Joseph Oluwaseun Richard ◽  
Opeyemi Odunayo Esan ◽  
Damilola Deborah Dare
Keyword(s):  
Transportation Problem ◽  
Optimal Solution ◽  
Transportation Cost ◽  
North West ◽  
Life Problems ◽  
Basic Feasible Solutions ◽  
Feasible Solutions ◽  
Road Freight Transportation ◽  
The Cost ◽  
Cost Of Transportation

For twenty decades, there is a visible ever forward advancement in the technology of mobility, vehicles and transportation system in general. However, there is no "cure-all" remedy ideal enough to solve all life problems but mathematics has proven that if the problem can be determined, it is most likely solvable. New methods and applications will keep coming to making sure that life problems will be solved faster and easier. This study is to adopt a mathematical transportation problem in the Coca-Cola company aiming to help the logistics department manager of the Asejire and Ikeja plant to decide on how to distribute demand by the customers and at the same time, minimize the cost of transportation. Here, different algorithms are used and compared to generate an optimal solution, namely; North West Corner Method (NWC), Least Cost Method (LCM) and Vogel’s Approximation Method (VAM). The transportation model type in this work is the Linear Programming as the problems are represented in tables and results are compared with the result obtained on Maple 18 software. The study shows various ways in which the initial basic feasible solutions to the problem can be obtained where the best method that saves the highest percentage of transportation cost with for this problem is the NWC. The NWC produces the optimal transportation cost which is 517,040 units.

THE PRICE OF NASH EQUILIBRIA IN MULTICAST TRANSMISSION GAMES

2010 ◽  
Vol 11 (03n04) ◽  
pp. 97-120 ◽  
Author(s):  
VITTORIO BILÒ
Keyword(s):  
Nash Equilibrium ◽  
Cost Sharing ◽  
Price Of Anarchy ◽  
Optimal Solution ◽  
Minimum Cost ◽  
Price Of Stability ◽  
Common Source ◽  
Cost Share ◽  
Worst Case ◽  
The Cost

We consider the problem of sharing the cost of multicast transmissions in non-cooperative undirected networks where a set of receivers R wants to be connected to a common source s. The set of choices available to each receiver r ∈ R is represented by the set of all (s, r)-paths in the network. Given the choices performed by all the receivers, a public known cost sharing method determines the cost share to be charged to each of them. Receivers are selfish agents aiming to obtain the transmission at the minimum cost share and their interactions create a non-cooperative game. Devising cost sharing methods yielding games whose price of anarchy (price of stability), defined as the worst-case (best-case) ratio between the cost of a Nash equilibrium and that of an optimal solution, is not too high is thus of fundamental importance in non-cooperative network design. Moreover, since cost sharing games naturally arise in socio-economical contests, it is convenient for a cost sharing method to meet some constraining properties. In this paper, we first define several such properties and analyze their impact on the prices of anarchy and stability. We also reconsider all the methods known so far by classifying them according to which properties they satisfy and giving the first non-trivial lower bounds on their price of stability. Finally, we propose a new method, namely the free-riders method, which admits a polynomial time algorithm for computing a pure Nash equilibrium whose cost is at most twice the optimal one. Some of the ideas characterizing our approach have been independently proposed in Ref. 10.

scholarly journals Multiobjective Scheduling of Remote-Area Employees with Minimum Cost of Transportation

2014 ◽  
Vol 2014 ◽  
pp. 1-11
Author(s):  
Hesham K. Alfares
Keyword(s):  
Programming Model ◽  
Optimal Solution ◽  
Minimum Cost ◽  
Transportation Cost ◽  
Solution Procedure ◽  
Primary Objective ◽  
Remote Work ◽  
Optimal Procedures ◽  
Oil Company ◽  
Cost Of Transportation

An integer programming model and optimal solution procedure are presented for assigning employees to the (10, 14) days-off schedule. This schedule is used by a large oil company to schedule employees in remote work locations. The primary objective is to minimize the total number of employees. Since employees are flown to their remote work sites, the company also aims to minimize transportation cost. Therefore, secondary objectives include (1) minimizing the number of active days-off work patterns, (2) consistently using the same set of active days-off patterns, (3) assigning work schedules fairly among employees, and (4) avoiding the use of specialized optimization solvers. A rotation schedule is used in which two scheduling rules are enforced: a minimum proportion of weekend days off needs to be given and a maximum limit on the number of successive workdays cannot be exceeded. Utilizing the problem structure, simple optimal procedures are developed to solve this unique complex scheduling problem.

On the Existence of Optimal Paths and Cost Surfaces in Isotropic Continuous Transportation Models

1978 ◽  
Vol 10 (10) ◽  
pp. 1121-1130 ◽  
Author(s):  
T Puu
Keyword(s):  
Minimum Cost ◽  
Transportation Cost ◽  
Optimal Paths ◽  
Cost Surface ◽  
Transportation Models ◽  
Existence Conditions ◽  
Gaussian Theory ◽  
Cost Paths ◽  
The Cost ◽  
Sufficiency Conditions

In continuous transportation models, minimum-cost paths are obtained by variational methods, in analogy with geometrical optics. Previous contributions on this subject have stated the appropriate Euler equations and discussed the possibility of defining a transportation-cost surface on which optimal paths are geodesics. The present paper discusses the sufficiency conditions for optimal paths and the existence conditions for cost surfaces, in terms of Gaussian theory. It is also demonstrated that, when the transportation model is isotropic, the cost surface is conformal to the plane.

scholarly journals Assessment of the Profitability and Viability of Catfish Marketing in Onitsha North and South Local Government area of Anambra State Nigeria

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Samuel O. Igwe ◽  
Terhemba E. Chancha ◽  
Blessing G. Umbugadu ◽  
Beatrice G. Dauda
Keyword(s):  
Local Government ◽  
Return On Investment ◽  
Transportation Cost ◽  
Local Government Area ◽  
Gross Margin ◽  
Anambra State ◽  
Net Profit ◽  
Marketing Data ◽  
The Cost ◽  
North And South

The study was carried out in Onitsha north and Onitsha south local government area of Anambra State Nigeria. The main objective of the study was to assess the profitability and viability of catfish marketing. Data were collected with structured questionnaires administered to 65 randomly selected catfish marketers.  Mean, frequency, percentages, gross margin, Net profit, Gross margin ratio, Operating ratio and Return on investment were all employed to analyze the objectives. The result revealed that transportation cost is the most militating factor against catfish marketing in Onitsha north and Onitsha south local government area of Anambra State Nigeria. The study also revealed that, catfish marketing in the study area was profitable and viable with return on Investment (ROI) of 22.17% and a Gross Margin ratio of 18.14%. The study therefore, recommends that government should provide storage facility and rehabilitate our roads to reduce the cost of transportation in marketing.

scholarly journals Optimization of total transportation cost

2020 ◽  
Vol 26 (1) ◽  
pp. 57-63
Author(s):  
Adamu Isah Kamba ◽  
Suleiman Mansur Kardi ◽  
Yunusa Kabir Gorin Dikko
Keyword(s):  
Transportation Problem ◽  
Research Work ◽  
Minimum Cost ◽  
Transportation Cost ◽  
Strategic Decision ◽  
Distribution Method ◽  
North West ◽  
Total Transportation Cost ◽  
Transportation Schedule ◽  
Furniture Factory

In this research work, the study used transportation problem techniques to determine minimum cost of transportation of Gimbiya Furniture Factory using online software, Modified Distribution Method (MODI). The observation made was that if Gimbiya furniture factory, Birnin Kebbi could apply this model to their transportation schedule, it will help to minimize transportation cost at the factory to ₦1,125,000.00 as obtained from North west corner method, since it was the least among the two methods, North west corner method and Least corner method. This transportation model willbe useful for making strategic decision by the logistic managers of Gimbiya furniture factory, in making optimum allocation of the production from the company in Kebbi to various customers (key distributions) at a minimum transportation cost. Keywords: North West corner, Least corner, Transportation problem, minimum transportation.

OIL AND THE ENVIRONMENT - CALIFORNIA CASE STUDY

1976 ◽  
Vol 16 (1) ◽  
pp. 137
Author(s):  
D. W. Barnett
Keyword(s):  
Energy Production ◽  
Social Cost ◽  
Shadow Price ◽  
Optimal Solution ◽  
Minimum Cost ◽  
Gulf Of Alaska ◽  
Outer Continental Shelf ◽  
Trade Offs ◽  
The Cost ◽  
Prudhoe Bay

USA environmentalists have tended to oppose all new energy developments. Their efforts may be counterproductive because opposition to, say, offshore oil directly leads to the continued use of other energy sources that may have a higher social cost. Rather than attempting to eliminate all pollution from energy production, which would be prohibitively expensive, one should minimize the social cost of energy production for the given demand.Linear programming is used to rank various oils (California State and Outer Continental Shelf (OCS), Gulf of Alaska, Prudhoe Bay, Athabasca tar sands, oil shale and certain foreign crudes) in terms of their social desirability. The objective is to minimize the cost of supplying the California market, subject to resource, sulphur and oil spill constraints.Social desirability is indicated by the inclusion of the oil in the optimal solution and the size of the associated shadow price. The larger the shadow price, the greater the benefits of increased production. The more negative, the greater the cost associated with forcing consumption of that fuel. The environmental shadow prices indicate the size of the trade-off between a particular environmental standard and minimum cost. The trade-offs can be surprisingly large. Any reasonable spill standard can be achieved by changing the development pattern. Generally, the further offshore, the smaller is the environmental degradation, but the more expensive is the oil. Foreign oils can be economically and environmentally inferior to domestic oils. Crude from the California OCS, San Joaquin Valley and Prudhoe Bay appears a valuable resource, while the Gulf of Alaska, synthetic and foreign crudes appear marginal to submarginal.The methodology could be readily adapted to the Australian scene.

TRANSPORTATION OPTIMIZATION MODEL USING THE DISTANCE MATRIX: A CASE OF CEMENT DISTRIBUTION FROM SELECTED COMPANIES TO DISTRIBUTION CENTERS IN EBONYI STATE

2021 ◽  
Vol 5 (2) ◽  
pp. 85-88
Author(s):  
Emmanuel Eneojo DANIEL ◽  
Benard ALECHENU ◽  
Mustapha Umar ADAMU ◽  
Gambo YAKUBU
Keyword(s):  
Optimization Model ◽  
Transportation Cost ◽  
Distance Matrix ◽  
Cement Industry ◽  
Distribution Centers ◽  
Port Harcourt ◽  
Transportation Distance ◽  
Cement Distribution ◽  
The Cost ◽  
Transportation Optimization

Ascertaining an optimal cement distribution plan for cement companies in Nigeria has remained a challenge. The absence or fluctuation of data for estimating the cost of transporting cement from each source to each distribution center is a big stumbling block whenever modeling attempts are being made via transportation algorithms. This work has succeeded in removing these challenges by providing a Transportation Optimization Model for cement distribution using transportation Distance Matrix instead of transportation Cost Matrix. This research seeks to improve supply in the Nigerian cement industry. Three selected factories (Gboko, Port-Harcourt and Calabar) and four major distribution centers (Abakaliki, Onueke, Ohaozara and Afikpo) in Ebonyi state were considered for this work. The result of the findings using the Vogel Approximation Method, minimized the total transportation distance and by implication the total transportation costs.

scholarly journals Optimization of open flow controller placement in software defined networks

2021 ◽  
Vol 11 (4) ◽  
pp. 3145
Author(s):  
Raghda Salam Al mahdawi ◽  
Huda M. Salih
Keyword(s):  
Network Architecture ◽  
Optimal Solution ◽  
Minimum Cost ◽  
Open Flow ◽  
Processing Power ◽  
Input Size ◽  
Different Types ◽  
Network Topologies ◽  
High Level ◽  
The Cost

The world is entering into the era of Big Data where computer networks are an essential part. However, the current network architecture is not very convenient to configure such leap. Software defined network (SDN) is a new network architecture which argues the separation of control and data planes of the network devices by centralizing the former in high level, centralised devices and efficient supervisors, called controllers. This paper proposes a mathematical model that helps optimizing the locations of the controllers within the network while minimizing the overall cost under realistic constrains. Our method includes finding the minimum cost of placing the controllers; these costs are the network latency, controller processing power and link bandwidth. Different types of network topologies have been adopted to consider the data profile of the controllers, links of controllers and locations of switches. The results showed that as the size of input data increased, the time to find the optimal solution also increased in a non-polynomial time. In addition, the cost of solution is increased linearly with the input size. Furthermore, when increasing allocating possible locations of the controllers, for the same number of switches, the cost was found to be less.

scholarly journals Developing densified products to reduce transportation costs and improve the quality of rice straw feedstocks for cattle feeding

2018 ◽  
Vol 10 (1) ◽  
pp. 11-15
Author(s):  
Van Hieu Nguyen ◽  
Thanh Nghi Nguyen ◽  
Quang Vinh Le ◽  
Minh Anh Le ◽  
Van Hung Nguyen ◽  
...  
Keyword(s):  
Rice Straw ◽  
Animal Feed ◽  
Transportation Cost ◽  
Transportation Costs ◽  
Important Process ◽  
Cattle Feed ◽  
Cattle Feeding ◽  
Net Profit ◽  
The Cost

Densification of rice straw such as compacting and pelletizing is an important process to increase the density of rice straw resulting in a reduction of transportation cost. Within this research, we conducted a techno-economic investigation of rice straw densification to produce compressed bales and pellets, which are later used for animal feed. In line with the main deliverable of the performance of rice straw compacting and pelletizing processes, we also looked into the quality of the product in terms of uptake and digestibility of the cattle feed which could be improved by adding amendments such as urea during the compacting process. The compacting technology resulted in a 400% increase of bale density (from 94 to 390 kg.m-3). This could reduce transportation costs by about 60% for a 60 km driving distance using trucks. The net profit that resulted from compacted bales was USD 0.0062 kg-1. Although the pelletizing technology increased the cost of the densified product by 40–50%, its density increases by 700%, from 94 to 666 kg.m-3. The enriched-rice straw pellets contained 12.1% protein, 2.8% lipid, 32.7% raw fibre, and 11.2% ash. In addition, a test of this product for cattle feeding illustrated an increase in its eating desirability for cows. Findings from this study contribute to reducing feedstock cost and developing densified rice straw products. These, therefore, provide more alternative options to increase the benefits from rice production and thus, reduce the unsustainable burning of rice straw in the field. Nén ép rơm là quá trình quan trọng và cần thiết để tăng khối lượng thể tích với mục đích giảm chi phí vận chuyển. Trong nghiên cứu này, chúng tôi đã thực hiện nghiên cứu đánh giá tính khả thi về kỹ thuật và kinh tế đối với nội dung nén ép rơm cuộn và ép viên rơm. Cùng với mục đích chính là tăng dung trọng của sản phẩm từ rơm, chúng tôi cũng đánh giá chất lượng sản phẩm làm thức ăn cho bò giúp cho tăng kích thích quá trình tiêu hóa. Kết quả nén ép cuộn rơm đã làm tăng dung trọng của kiện rơm đến 400% (từ 94 đến 398.7 kg.m-3). Qua đó, đã giảm được chi phí vận chuyển 60% được ước tính cho 60 km khoảng cách vận chuyển. Đối với ép viên rơm, dung trọng tăng đến 700% (từ 94 đến 666 kg.m-3). Hàm lượng dinh dưỡng của viên nén hỗn hợp rơm gồm protein (12,1%), chất béo (2,8%), chất xơ (32,7%), và lượng tro tổng (11,2%). Ngoài ra, kết quả thử nghiệm cho bò ăn sản phẩm viên nén này cho thấy bò có cảm giác thích và ăn hết toàn bộ viên nén. Kết quả của nghiên cứu đã góp phần giảm chi phí khi sản xuất thức ăn cho bò, tăng thu nhập cho người nông dân và từ đó giảm tác động môi trường do việc đốt rơm trên đồng.

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