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Transportation Model
Rating: 4.5 out of 5(5 ratings)
36 students

Transportation Model

Operations Research, Supply Chain Management
Created byMaxusknowledge Team
Last updated 4/2023
English

What you'll learn

  • Learn the basic concepts and assumptions of transportation model.
  • Learn to formulate a transportation table for a transportation problem.
  • Identify how to find out the basic initial feasible solution for a transportation problem using different methods
  • Complete a case study to review how transportation model is used in the induction process by Navy.
  • Explore different methods such as Vogel's approximation method, Least Cost method, North West Corner rule, Stepping Stone method, Modified distribution method.

Course content

2 sections • 31 lectures • 13h 15m total length

  • Transportation model – Concepts23:07

    In this video, you will learn the basic concepts of transportation model.

  • Transportation model - Assumptions8:07

    In this video, you will learn about the underlying assumptions of using the transportation model for solving the transportation problems.

  • Transportation model - Procedural Steps8:23

    In this video, you will learn about the steps to solve a transportation model problem. This is a high-level view of all the steps which are needed to arrive at a solution. All these steps are also discussed in detail in the subsequent videos.

  • TM - Step 1 - Formulation of transportation table17:44

    In this video, you will learn how to formulate a transportation table for a transportation problem.

  • TM - Step 2a - North West Corner rule20:01

    In this video, you will learn how to find out the basic initial feasible solution for a transportation problem using the North West Corner rule.

  • TM - Step 2b - Least Cost method15:53

    In this video, you will learn how to find out the basic initial feasible solution for a transportation problem using the Least cost method.

  • TM - Step 2c - Vogels approx method26:15

    In this video, you will learn how to find out the basic initial feasible solution for a transportation problem using the Vogel's approximation method.

  • TM - Step 3 - Acceptability test11:31

    In this video, you will learn how to find out if the basic initial feasible solution for a transportation problem is acceptable to proceed with the optimality test or not.

  • TM - Step 4a - Stepping Stone method24:30

    In this video, you will learn how to perform an optimality test on the basic initial feasible solution using the stepping stone method in order to find out if the solution is optimal or not.

  • TM - Step 4b - Modified distribution method21:20

    In this video, you will learn how to perform an optimality test on the basic initial feasible solution using the modified distribution method in order to find out if the solution is optimal or not.

  • TM - Step 5a - Iterate towards optimality using SSM38:34

    In this video, you will learn how to iterate towards optimality for a transportation model problem, once the basic initial feasible solution has been tested for acceptability. In this video, we will use the Stepping stone method to test for optimality.

  • TM - Step 5b - Iterate towards optimality using MODI45:49

    In this video, you will learn how to iterate towards optimality for a transportation model problem once the basic initial feasible solution has been tested for acceptability. In this video, we will use the Modified distribution method to test for optimality.

  • Transportation model – Case Study5:46

    In this video, you will go over a case study to review how transportation model is used in the induction process by Navy.

Requirements

  • You don’t need any perquisites for taking this course

Description

A transportation model is a mathematical tool used to optimize the distribution of goods between various sources and destinations. It is a powerful tool that can help businesses reduce costs, improve customer service, and maximize their operations.

Understand What a Transportation Model Is and How It Works. A transportation model is a mathematical tool used to optimize the movement of goods from sources and locations to their destinations. The goal of this type of optimization is to minimize total costs while balancing customer service expectations. It considers various constraints such as shipment size, availability of transport capacity, cost structures, and others. By understanding the fundamentals of a transportation model, businesses can make more informed decisions and increase their operational efficiency.

Transportation models are also beneficial in helping businesses analyze their current supply chain and identify potential areas of improvement or cost savings. They can be used to better understand the trade-offs between speed and cost, as well as customer service levels. Additionally, they can assist when deciding whether a long-term investment in a particular carrier or mode is worth the cost, in addition to optimizing production scheduling and inventory management practices. Ultimately, transportation models provide supply chain managers with insights that could transform the way they approach logistics operations.

In this course, you will learn different methods to solve the problem related to a transportation model. These methods includes  North West Corner Method (NWCM), Least Cost Method (LCM), Vogel's Approximation Method (VAM), Optimality test, Modified distribution method, Stepping stone method.

Who this course is for:

  • The course can be useful for students studying operations research, professionals working in IT or Management industry responsible for managing the project.
  • Professionals working in supply chain management or in finance field.

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