Back to Search Start Over

SOLVING A TWO-PHASE TRANSPORTATION PROBLEM – TRANSSHIPMENT MODEL WITH THE APPLICATION OF LINGO SOFTWARE.

Authors :
Despodov, Zoran
Despodov, Bojan
Source :
Natural Resources & Technology. Dec2024, Vol. 18 Issue 2, p26-34. 9p.
Publication Year :
2024

Abstract

Transportation, as a logistical subsystem, is the most cost-significant part of logistics. The costs arising from transportation are the highest incurred expenses within the logistics system. Considering the limited possibilities for reducing transportation costs, it is crucial for enterprises to find new ways to lower these costs, thereby increasing their profit. This paper addresses the solution to a two-phase transportation problem – a transshipment model with the application of computers, aiming to determine an optimal transportation plan for goods and minimize transportation costs both within a single enterprise and across the entire supply chain. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
18576966
Volume :
18
Issue :
2
Database :
Academic Search Index
Journal :
Natural Resources & Technology
Publication Type :
Academic Journal
Accession number :
181838075
Full Text :
https://doi.org/10.46763/NRT24182026d