Quantitative Decision Making-Transportation Essay

Quantitative Decision Making-Transportation - Essay Example An innovative approach namely the dual-matrix approach will be used to address the transportation problem. This approach will judge the transportation model beginning from a good realistic solution and using a matrix in order to get the subsequently improved solution until the most advantageous solution is attained. In this approach, the linear form of algebra will be adopted in order to work out the transportation problem. There will be the introduction of an innovative concept known as virtual cells in this approach (JI and CHU, 2002). This approach will attempt to be functional on both unbalanced and balanced transportation problems. There will no need to convert the unbalanced transportation problem to a balanced transportation problem as in the case of other approach named as stepping-stone method. In addition to this, the method of dual-matrix does not imply the problem of degeneracy. Furthermore, this approach entails the characteristic of no tracing of the path. On the contrary, it also absorbs a disadvantage that is, it requires an (m+n)x(m+n) matrix. However, this problem is not considered to be serious enough towards the enhanced computers of today and for a big level of transportation problem (JI and CHU, 2002). With the purpose of testing the effectiveness of the dual- matrix technique, numerous numerical instances will be performed. When these examples will be compared to the stepping-stone technique, the consequences will always determine and signify dual-matrix to be better relative to the stepping-stone. The degeneracy and tracing of path perhaps prove to be serious for a major transportation problem (JI and CHU, 2002). Major logistics companies have increasingly devoted their attention towards transporting issues of their businesses. This is mainly due to two aspects which include a reduction in cost and enhancement of customer service. There is a remarkable example of FedEx which offers a variety of logistics solutions to its customers. These services are categorized on the grounds of numerous kinds of customer requirements.