APPLICATION OF TRANSPORTATION MODEL FOR OPTIMAL PRODUCT DISTRIBUTION CHAIN MANAGEMENT
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.
Copyright (c) 2021 Dr. Peter Ositadinma Ndubuisi
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.Fair East Publishing has chosen to apply for the Creative Common Attribution Noncommercial 4.0 Licence (CC BY) license on our published work. Authors who wish to publish their manuscript in our journal agree on the following terms:
1. Authors retain the copyright and grant us (Fair East Publishing and its subsidiary journals) the right for first publication with the work licensed under a Creative Commons Attribution (CC BY) License which permits others to share the work with an acknowledgment of the work’s authorship and initial publication in this journal. Under this license, author retains the ownership of the copyright of their content, but anyone is allowed to download, reuse, reprint, modify, distribute, and/or copy the contents as long as the original authors and source are cited. No permission is required from the publishers or authors.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (for example, publishing it as a book or submitting it to an institutional repository), with an acknowledgment of its initial publication in Fair East Publishing owned journals.
3. We encourage our authors/contributors to post their work online (such as posting it on their website or some institutional repositories) prior to and during the submission process since it produces scholarly exchange and greater and earlier citation of published work.