Sensitivity Analysis of Road Freight Transportation of a Mega Non-Alcoholic Beverage Industry

Autor:	Opeyemi Odunayo Esan, O.O. Dare, Tolulope Latunde, Joseph Oluwaseun Richard
Rok vydání:	2020
Předmět:	Mathematical optimization Transportation cost Work (electrical) Computer science Beverage industry Data analysis Non alcoholic Transportation theory Sensitivity (control systems) Supply and demand
Zdroj:	Journal of Applied Sciences and Environmental Management. 24:449-454
ISSN:	2659-1502 1119-8362
DOI:	10.4314/jasem.v24i3.8
Popis:	Re-optimization can be very costly for gathering and obtaining more data for a particular problem, to curb this very expensive investment. Sensitivity analysis has been used in this work to determine the behaviour of input parameters of the formulated problem. The main goal of the study is to respectively provide, derive, observe, compare and discuss the sensitivity analysis of data that has been optimized using different methods of the optimal solution. The best method, saving the highest percentage of transportation cost, for the formulated problem is determined to be the North-West Corner method. This was carried out by arbitrarily assigning values to the available warehouses to determine the best possible demand and supply cases rather than the initial cases. Thus, more cases are advised to be supplied to FID from the Asejire plant for the optimum reduced value of transportation cost. Keywords: Sensitivity, Parameters, Transportation Problem.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::0309c04908509ecf2506f8cd7eacc08c https://doi.org/10.4314/jasem.v24i3.8 Zobrazit plný text záznamu