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A Nelder and Mead Methodology for Solving Small Fixed-Charge Transportation Problems

Author

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  • G. Kannan

    (National Institute of Technology, India)

  • P. Senthil

    (National Institute of Technology, India)

  • P. Sasikumar

    (National Institute of Technology, India)

  • V.P. Vinay

    (National Institute of Technology, India)

Abstract

The term ‘supply chain management’ has become common in the business world, which can be understood from the positive results of research in the area, particularly in supply chain optimization. Transportation is a frontier in achieving the objectives of the supply chain. Thrust is also given to optimization problems in transportation. The fixed-charge transportation problem is an extension of the transportation problem that includes a fixed cost, along with a variable cost that is proportional to the amount shipped. This article approaches the problem with another meta-heuristics known as the Nelder and Mead methodology to save the computational time with little iteration and obtain better results with the help of a program in C++.

Suggested Citation

  • G. Kannan & P. Senthil & P. Sasikumar & V.P. Vinay, 2008. "A Nelder and Mead Methodology for Solving Small Fixed-Charge Transportation Problems," International Journal of Information Systems and Supply Chain Management (IJISSCM), IGI Global, vol. 1(4), pages 60-72, October.
  • Handle: RePEc:igg:jisscm:v:1:y:2008:i:4:p:60-72
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    Cited by:

    1. Hong, Jiangtao & Diabat, Ali & Panicker, Vinay V. & Rajagopalan, Sridharan, 2018. "A two-stage supply chain problem with fixed costs: An ant colony optimization approach," International Journal of Production Economics, Elsevier, vol. 204(C), pages 214-226.

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