Open AccessAPPLICATION OF TRANSPORTATION MODEL FOR OPTIMAL PRODUCT DISTRIBUTION CHAIN MANAGEMENT
Author(s) -
Peter Ositadinma Ndubuisi
Publication year - 2021
Publication title -
international journal of management and entrepreneurship research
Language(s) - English
Resource type - Journals
eISSN - 2664-3596
pISSN - 2664-3588
DOI - 10.51594/ijmer.v3i3.218
Subject(s) - operations research , schedule , profit (economics) , computer science , scheduling (production processes) , supply chain , linear programming , minification , supply chain management , product (mathematics) , operations management , business , marketing , economics , engineering , mathematics , geometry , algorithm , programming language , microeconomics , operating system
Many business organizations are operating at an unacceptable high distribution chain costs even as industrial competition continues to pose as a major challenge to business success. Linear programming devices can help organizations achieve efficiency. This research aims at establishing the impact of Transportation algorithm in optimal product distribution and scheduling of business organizations. In a field study of NOWAS Oil and Gas, data was significantly secondary sourced, resulting from indepth analysis of existing documented content materials on the subject. Practical application of the least cost method scheduling and North West Corner Rule method of an initial basic feasible solution was imminent. Revising that solution using the stepping stone method translated to an optimal distribution schedule and a minimum cost profit in yearly distribution schedule of Nowas Oil and Gas, Enugu. It is recommended that business organizations carryout careful analysis of their supply and demand constraints in materials and products distribution for cost minimization and overall resource optimization.
Keywords: Application, Transportation Model, Basic Feasible Solution, Optimality, Distribution Chain, Management.