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Academic Journal of Business & Management, 2021, 3(12); doi: 10.25236/AJBM.2021.031202.

Ordering and Transportation Model of Raw Materials in Production Enterprises Based on Integer Programming

Author(s)

Huahong Xu

Corresponding Author:
Huahong Xu
Affiliation(s)

College of Electronic and Information Engineering, Shanghai University of Electric Power, Shanghai, 200000, China

Abstract

On the issue of ordering and transportation of raw materials in production enterprises, this paper first selects 50 suppliers with high strength score, establishes a 0-1 planning model to make the supplier's supply meet the enterprise's output demand as much as possible, and selects the final 32 suppliers from the 29 suppliers through the total supply and time periodicity. Then, considering the seasonal changes of supply and demand, the order quantity and loss rate of forwarders in the next 24 weeks are predicted through the order quantity and loss rate in the past 5 years, and the optimal order and transfer scheme with the lowest cost is formulated for 32 enterprises by establishing an integer programming model.

Keywords

Quantitative analysis, Integer programming, Optimization model, Ordering scheme

Cite This Paper

Huahong Xu. Ordering and Transportation Model of Raw Materials in Production Enterprises Based on Integer Programming. Academic Journal of Business & Management (2021) Vol. 3, Issue 12: 6-10. https://doi.org/10.25236/AJBM.2021.031202.

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