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Title: :  Transportation Problem of Malaysian Petrochemical Company
PaperId: :  12442
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 6 Issue 4 2020
DUI:    16.0415/IJARIIE-12442
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Karsh R ShahNMIMS Anil Surendra Modi School of Commerce

Abstract

Operations Research
Transportation Problem, Malaysian Petrochemical Company, VAM, MODI
Effective and efficient movement of products or services from point of supply to points of demand is crucial for any business. Transporting finished products to the market at the lowest possible costs leads to huge potential of cost savings and consequently maximize company’s profits. This report is about the minimum cost of transportation for a Malaysian Transportation Company from its 4 producing centres to the final source of demand i.e the destinations The motive is to achieve the minimum cost of transportation. Since cost minimization is related to the company’s profitability and efficiency, transportation modeling methods can be solved using linear programming. The models in this report were based on real life data and as example of transportation problem of a Malaysian Petrochemical company.

Citations

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IJARIIE Karsh R Shah. "Transportation Problem of Malaysian Petrochemical Company" International Journal Of Advance Research And Innovative Ideas In Education Volume 6 Issue 4 2020 Page 1189-1197
MLA Karsh R Shah. "Transportation Problem of Malaysian Petrochemical Company." International Journal Of Advance Research And Innovative Ideas In Education 6.4(2020) : 1189-1197.
APA Karsh R Shah. (2020). Transportation Problem of Malaysian Petrochemical Company. International Journal Of Advance Research And Innovative Ideas In Education, 6(4), 1189-1197.
Chicago Karsh R Shah. "Transportation Problem of Malaysian Petrochemical Company." International Journal Of Advance Research And Innovative Ideas In Education 6, no. 4 (2020) : 1189-1197.
Oxford Karsh R Shah. 'Transportation Problem of Malaysian Petrochemical Company', International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 4, 2020, p. 1189-1197. Available from IJARIIE, http://ijariie.com/AdminUploadPdf/Transportation_Problem_of_Malaysian_Petrochemical_Company_ijariie12442_docx_new.pdf (Accessed : ).
Harvard Karsh R Shah. (2020) 'Transportation Problem of Malaysian Petrochemical Company', International Journal Of Advance Research And Innovative Ideas In Education, 6(4), pp. 1189-1197IJARIIE [Online]. Available at: http://ijariie.com/AdminUploadPdf/Transportation_Problem_of_Malaysian_Petrochemical_Company_ijariie12442_docx_new.pdf (Accessed : )
IEEE Karsh R Shah, "Transportation Problem of Malaysian Petrochemical Company," International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 4, pp. 1189-1197, Jul-Aug 2020. [Online]. Available: http://ijariie.com/AdminUploadPdf/Transportation_Problem_of_Malaysian_Petrochemical_Company_ijariie12442_docx_new.pdf [Accessed : ].
Turabian Karsh R Shah. "Transportation Problem of Malaysian Petrochemical Company." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 6 number 4 ().
Vancouver Karsh R Shah. Transportation Problem of Malaysian Petrochemical Company. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2020 [Cited : ]; 6(4) : 1189-1197. Available from: http://ijariie.com/AdminUploadPdf/Transportation_Problem_of_Malaysian_Petrochemical_Company_ijariie12442_docx_new.pdf
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