Solving time minimising transshipment problem

Solving time minimising transshipment problem

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Article ID: iaor201525871
Volume: 7
Issue: 2
Start Page Number: 137
End Page Number: 155
Publication Date: Mar 2015
Journal: International Journal of Shipping and Transport Logistics
Authors: , ,
Keywords: combinatorial optimization, heuristics, distribution
Abstract:

In this article, we have considered a transshipment problem with the objective to minimise the duration of transportation. The algorithm finds out the optimal time for transportation from origins to destinations with transshipment. The proposed algorithm solves the original transshipment problem by transforming into an equivalent transportation problem and the optimal solution of the original problem is obtained from the optimal solution of the transformed transportation problem. The algorithm involves finite number of iterations and is easy to understand and apply. It can serve the managers by providing the solution to a variety of production distribution problems. We have discussed the case of both balanced as well unbalanced time minimising transshipment problems. Numerical examples to illustrate the proposed algorithm are also presented.

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