A hybrid of a LP and statistics approach to evaluate a transportation model for a ready concrete company
type: Item
instance of: scholarly article
title: A hybrid of a LP and statistics approach to evaluate a transportation model for a ready concrete company
zbMATH Open document ID: 1161.90314
DOI: 10.1504/IJOR.2009.023285
author: Dimitrios Loukanidis
author: Panagiotis Papadopoulos
author: Miltiadis Syntakis
published in: International Journal of Operational Research
publication date: 2009-06-03T00:00:00Z
review text: Summary: The majority of the Greek companies which are actively participating in the logistics sector of the economy create transportation/distribution plans which are nowhere near the optimal one. We solve a typical transportation problem, but in order to create the optimal distribution plan we conduct statistical analysis of uncertainty, in just the way it is used in Project Management. We use the statistical analysis outputs as an input data in order to create the optimal distribution plan by using queuing theory techniques. We found a specific time schedule in distributing concrete with the minimal transportation cost.
Mathematics Subject Classification ID: 90B06
zbMATH DE Number: 5561299
zbMATH Keywords: optimisation
zbMATH Keywords: distribution planning
zbMATH Keywords: transportation planning
zbMATH Keywords: simplex method
zbMATH Keywords: sensitivity analysis
zbMATH Keywords: opportunity costs
zbMATH Keywords: degenerate variables
zbMATH Keywords: Greece
zbMATH Keywords: ready concrete
zbMATH Keywords: uncertainty
zbMATH Keywords: queuing theory
MaRDI profile type: Publication
full work available at URL: ijor.2009.023285
OpenAlex ID: W2061048491
description: scientific article; zbMATH DE number 5561299