Author:
A.S. Olayiwola,O.A. Oladimeji,J.A. Ajobo,A.A. Afolabi,A. Fadare
Abstract
This research paper work analyzed the transportation cost of Nigeria Breweries Plc, Ibadan in Oyo State in relation to the units of its products demanded at the various deports and the capacity of the factories. Five origins which are Ibadan, Osogbo, Ikeja, Oyo and Ondo as well as twelve destinations (warehouses): Gbagi, Dugbe, Oje, Ikorodu, Mowe, Ife, Ilesa, Iseyin, Ogbomosho, Owode, Akure and Ore were examined. The data also include the requirements at each destination and capacity at each source. The costs represent the average transportation cost from June to December 2019. Initial feasible solution was obtained for the secondary data collected by using North-West corner Method, and Vogel Approximation Method. The result of the analysis showed that the allocations of Vogel Approximation Method will give the optimal transportation cost of the company and is recommended to the company for reduction in transportation with a minimum transportation cost of ₦1,168,431.
Publisher
African - British Journals
Subject
General Medicine,General Chemistry
Reference20 articles.
1. Arham S.K. et al (2003), Optimization, UPK, KNUST, Kumasi.
2. Ammar et al (2005): Comparison of optimization Technique in large scale Transportation problem.
3. Bit et al (2003), Quantitative Methods for Business, Pages 214-226 6.
4. Charnes. S.B (1954) Cost- Minimizing Choice Behavior in Transportation Planning: A Theoretical. Page 8-10.
5. Calichman.E (2005): Quantitative Techniques in Decision Making 97 Ed, page 57-91
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献