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Capacitated Stochastic Fractional Transshipment Problem

Author

Listed:
  • Shakeel Javaid

    (Dept. of Statistics and Operation Research, Aligarh.)

  • Dr. S.N. Gupta

    (Faculty of Science and Technology, University of South Pacific, Suva, Fiji.)

Abstract

The present paper analyses a transshipment type fractional programming under stochastic demand. The objective is to maximize the expected profitability of the total transshipment schedule, the net expected profitability being defined as the total expected revenue minus the loss in transshipment. The stochastic transshipment problem is reduced to an equivalent deterministic transportation problem for which an algorithm is developed and numerically illustrated

Suggested Citation

  • Shakeel Javaid & Dr. S.N. Gupta, 2008. "Capacitated Stochastic Fractional Transshipment Problem," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 3(1), pages 84-93, April.
    • Handle: RePEc:jct:journl:v:3:y:2008:i:1:p:84-93
    as

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    File URL: https://www.jctindia.org/index.php/jct/article/view/a08-sjsng
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    References listed on IDEAS

    as
    1. Alex Orden, 1956. "The Transhipment Problem," Management Science, INFORMS, vol. 2(3), pages 276-285, April.
    2. K. Swarup, 1970. "Upper bound problem in linear fractional functionals programming," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 15(1), pages 81-85, December.
    3. Allen R. Ferguson & George B. Dantzig, 1956. "The Allocation of Aircraft to Routes--An Example of Linear Programming Under Uncertain Demand," Management Science, INFORMS, vol. 3(1), pages 45-73, October.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • A0 - General Economics and Teaching - - General
    • C0 - Mathematical and Quantitative Methods - - General

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