Optimization of return value and handling cost

This paper discusses the application of Operations Research methodology in aiding manager in decision making regarding assignment and transportation problem. The project involved here is a case study done at a medium sized plantation run by Bumiputras. There are two objectives to be achieved namely...

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Bibliographic Details
Main Author: Maarof, Faridah
Format: Article
Language:English
Published: Penerbit UTM Press 1992
Subjects:
Online Access:http://eprints.utm.my/id/eprint/32711/1/FaridahMaarof1992_OptimizationofReturnValueandHandling.pdf
http://eprints.utm.my/id/eprint/32711/
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Summary:This paper discusses the application of Operations Research methodology in aiding manager in decision making regarding assignment and transportation problem. The project involved here is a case study done at a medium sized plantation run by Bumiputras. There are two objectives to be achieved namely to maximize the return value in assigning types of plants to the appropriate categories of land plot and to minimize transportation and service costs to respective market center. The methods being applied are the transportation technique and the Hungarian method.