Solving the problem of industry by formulating it as a capacitated transportation problem

Kavita Gupta

International Journal of Procurement Management, 2018, vol. 11, issue 6, 705-721

Abstract: This paper presents the solution to the problem of the manager of a trading firm, D.M Chemicals, who deals in the trade of marble powder. The problem of the manager is to determine the quantity (in tons) of marble powder that the firm should purchase from different sellers and sell to the different buyers such that the total cartage and relative purchasing cost is minimised provided the demand and supply conditions are satisfied and the extra demand is also met during emergency situations. The problem under consideration is modelled as a linear plus linear fractional capacitated transportation problem with enhanced flow. The data is taken from the account keeping books of the firm. The solution so obtained by using the developed algorithm is compared with the existing data. Moreover, the solution obtained is verified by a computing software, Excel Solver.

Keywords: capacitated; transportation problem; enhanced flow; corner feasible solution; linear plus linear fractional; procurement management; cartage; purchasing cost; sale-purchase. (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.inderscience.com/link.php?id=95653 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpman:v:11:y:2018:i:6:p:705-721

Access Statistics for this article

More articles in International Journal of Procurement Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().