Author:
Aderinmoye Adedeji Kasali, ,Zosu Segbenu Joseph,Samuel Duduyemi, Oladejo,Olaosebikan Oyetunji Elkanah, , ,
Abstract
This paper presented the development and application of Linear Programming to the modeling of Multi-Commodity Multi-Location production-distribution model for manufacturing industry. The Manufacturing industry has two plants, three depots and twenty retailer’s axis in Lagos. The products are based on how they are packaged; Product 1(P1), Product 2(P2), Product 3(P3) and Product 4(P4). TORA software is used in analyzing the data obtained from the company. Comparing the optimal Multi-Commodity Multi-Location transportation cost of One trillion, Five Hundred And Thirty Billion And Four Hundred And Ninety Million Naira to existing transportation cost of truckload Three Trillion, Five Hundred And Forty Four Billion Naira, the difference is Two Trillion, Thirteen Billion And Five Hundred And Ten Million Naira which is Four Hundred And Two Billion And Seven Hundred And Two Million Naira annually resulting to 56.82 percent gain in profit.
Publisher
Blue Eyes Intelligence Engineering and Sciences Engineering and Sciences Publication - BEIESP
Subject
Management of Technology and Innovation,General Engineering
Reference23 articles.
1. Anser, M.K., Khan, M.A., Awan, U., Batool, R., Zaman, K., Imran, M., Sasmoko, Indrianti, Y., Khan, A., and Baker, Z.A. (2020). The Role of Technological Innovation in a Dynamic Model of the Environmental Supply Chain Curve. Evidence from a Panel of 102 Countries. Processes, 8, 1033., doi:10.3390/pr 8091033.
2. Azizi, M., Birafane, M. and Boueddine, (2015). Solving Transportation Problem with LP: Biopharma Case Study. IOSR Journal of Business and Management (IOSR-JBM) 17(3): 15 - 24.
3. Bradley, J.R. and Arntzen, B.C. (1999). The Simultaneous Planning of Production, Capacity and Inventory in Seasonal Demand Environments. Operations Research, 47(6): 795 - 806.
4. Cranic, T.G., Florian, M., and Leal, J. (1990). A Model for the Strategic Planning of National Freight Transportation by Rail. Operation Research Society of America: 24(1): 1-24.
5. Cranic, T.G., and Florian, M. (2008). National Planning Models and Instruments. NIFOR Information Systems and Operation Research. 46(4): 1-21.