Work

A Case Study on the Optimization of the Transportation Cost for Raipur steel and thermal power plant

Year: 2017
Type: article
Abstract: The transportation model to optimization of the cost of the transportation to supply of the raw materials from the source to the destination by the help of the truck vehicles by road. The data and all the parameters are collected manually through the data sheet of transportation cost of the plant for 30 days and preparation of transportation model and calculation for minimizing the transportation cost have been done using the TORA, LINGO and What's Best Solver. The outcome of the research reveals that proper routing, scheduling of vehicles and crew can save Rs. 11589.46 in a 30 days and also finding the materials requirement to proper run the plant. The saving amount of the transportation cost is utilized into increasing the production of the plant is 1.37% increase from saving transportation cost.
Language: English
Open Access status: bronze
OpenAlex ID: W2766041550
FWCI: 0.172
Cites: 11
Cited by: 6
Related to: 10