Optimization Models Performances for Transportation Cost Minimization

SERKAN OZDEMIR, Fevzi and ERGULEN, Ahmet (2013) Optimization Models Performances for Transportation Cost Minimization. International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo, 1 (1). pp. 1-17. ISSN 978-9958-834-23-3

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Abstract

Transportation is the foremost activity at every stage of logistics (supply, production and distribution stages). It constitutes the huge part of logistics, because of its relative size in total logistics costs. That might be different sector by sector but the rate of the transportation in all logistics activities is approximately around 50-65 percent. Transportation is a term which can be defined as the physical movement of inventories such as raw materials, semi-finished goods and finished goods from one location to another. Shipping of products into firm storage after they have bought from suppliers, carrying of the storage items to manufacturing, and delivery of the manufactured items to warehouses or dealers to be sold, and delivery of the sold products to customers are some sub-activities of transportation. In order to achieve transportation with minimal cost, first of all the optimal transportation alternatives should be implied. In the literature there are many researches which confirm this statement. But the applied technique for decision problem is as important as transportation alternatives. For determining of optimal solution there are certain models. This study aims that to compare of those models performances on a real case hypothetically. Employed models are integer linear programming; goal programming and fuzzy-logic based linear programming. Keywords: Logistic Activities, Transportation Costs, Optimization.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HE Transportation and Communications
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 15 May 2013 13:12
Last Modified: 22 Oct 2013 11:42
URI: http://eprints.ibu.edu.ba/id/eprint/1476

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