Solving the problem of industry by formulating it as a fractional capacitated transportation problem with bounds on rim conditions
Kavita Gupta () and
Ritu Arora ()
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Kavita Gupta: University of Delhi
Ritu Arora: University of Delhi
International Journal of System Assurance Engineering and Management, 2018, vol. 9, issue 2, No 15, 509-516
Abstract:
Abstract The main aim of this paper is to determine a transportation schedule that maximizes the profit percentage of a trading firm , D. M. Chemicals that deals in the trade of soap stone across various states of India. The problem under consideration is modeled as a fractional capacitated transportation problem with bounds on rim conditions. The data is taken from the account keeping books of the firm. A related transportation problem is formulated and the solution of the given problem is shown to be derivable from related problem. The developed solution is compared with the existing solution. Moreover, the solution obtained is verified by using a computing software Excel Solver.
Keywords: Capacitated; Transportation problem; Optimal solution; Feasible solution; Fractional; Related transportation problem; 90C08; 90B06 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)
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DOI: 10.1007/s13198-018-0697-x
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