Efficient solutions of time versus cost transportation problems
by C. Muralidaran; B. Venkateswarlu
International Journal of Logistics Systems and Management (IJLSM), Vol. 43, No. 3, 2022

Abstract: In time versus cost transportation problem, the time duration for shipping units and the unit cost for transporting are considered and is known as the classical transportation problem. In such situations, the main objective is to find effective solutions instead of just trying to minimise the total transportation cost. The balancing solution to this problem may be found by reaching a compromising solution in terms of both the criteria of cost and time. A new method is proposed to solve this problem named as root searching. It is an effort to discover a set of efficient solutions and the most efficient solution of the time versus cost transportation problems. Efficiency may be moderating the solutions devoid of extreme measures. One solution is to minimised total transportation time, and the other is to minimised total transportation cost. It shall certainly provide great benefit and support to decision-makers.

Online publication date: Tue, 22-Nov-2022

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Logistics Systems and Management (IJLSM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com