The name of the paper is solving one dimensional cutting stock problem with discrete demands and capacitated planning objective. Cutting stock problems are NP-hard problems and mentioned about what is NP-hard problems. One of classical NP-hard problems which could not be solved within the polynomial computation time is a cutting stock problem. Wongprakornkul and Charnsethikul said that the most powerful algorithm for solving linear problems with many columns is the column generation procedure and
Premium Algorithm Operations research Mathematics
SUPPLY CHAIN AND LOGISTICS IN THAILAND Abstract Supply chain and Logistics management has become an emergent strategy for a developing country‚ like Thailand‚ in this new economy. Low labour cost – as a competitive advantage factor - is no longer sufficient for surviving under this high pressure and competitive economy. However‚ at the time that the concept plays a key role in Thailand industry and a number of researches have been conducted‚ all the knowledge in the field are still not effectively
Premium Logistics Supply chain management Supply chain
Introduction Development of Logistics Industry in China Development trend of China’s logistics industry More competitions in further from the foreign investment and private enterprise in China The Corning of the integration Storm in China Conclusion Reference Introduction With China’s entering WTO and the coming of the economic globalization‚ modern logistics has stepped into a far increased stage. In 2003‚ the logistics in China occupied RMB 240 billion
Premium Logistics
Is the Term Green Logistics an Oxymoron Introduction Over recent years there has been increasingly more pressure from the public and the government on organisations to decrease the environmental impact of their logistics operations. The distribution of products impairs air quailty‚ produces noise and vibration‚ causes motor vechicle accidents and contributes significantly to global warming through greenhouse gas emmisions. The term ‘green logistics’ describes attempts by organisations to minimise
Premium Logistics Supply chain management Supply chain
STUDY OF PROFITABILITY OF A LOGISTICS COMPANY USING ECONOMETRICS TOOLS Executive summary This study examines the impact of three factors‚ namely Sales‚ Fixed assets and Interest paid on the profitability of a logistics company. Econometric tool of multiple linear regression model was used for analyzing the impact of above factors on profitability of a major logistics company GATI Limited. Based on the financial data of last 10 years 2000-2009 the regression analysis has revealed that profitability
Premium Regression analysis Econometrics Linear regression
History on Keppel Logistics Keppel Logistics‚ is one of Singapore’s leading third-party logistics company‚ providing supply chain management for the business-to-business market. Its diversified portfolio covers a wide spectrum of supply chain activities from warehousing‚ inventory control‚ distribution and shipping documentation to inland container depot operations. In Singapore‚ Keppel operates from three facilities. Overseas‚ through joint ventures‚ it operates a port cum logistics operations at
Premium Logistics Supply chain management Supply chain
Yogesh Nimje PGDM‚ 2nd year Roll No. 2011015 Spl: Operations Reverse Logistics in Automotive Industry The review of literature:- Various studies are done in the reverse logistics and factors considered in these studies such as barriers‚ challenges‚ environmental issues faced by the logistics and supply chain industry. Reverse logistics has been defined as ‘The process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚
Premium Supply chain management Supply chain Automotive industry
Understand the Vietnamese logistics industry In a global economic downturn‚ there are few opportunities for the transport and logistics sector. However Vietnam continues to offer long term growth potential for those companies willing to risk expansion in this immature but fast-developing market. The country has become a focal point for off-shore production for global manufacturers looking for even lower cost locations than in China. The latter market has seen labour and transportation costs
Premium Transport Logistics Supply chain management
2012 THIRD-PARTY LOGISTICS STUDY The State of Logistics Outsourcing Results and Findings of the 16th Annual Study 2012 16Th AnnuAL ThIRD-PARTY LOGISTICS STuDY Contents 4 7 15 23 33 41 44 48 50 Executive Summary Current State of the 3PL Market Emerging Markets Electronics Talent Management Strategic Assessment About the Study About the Sponsors Credits GIVE US YOUR OPINION Scan this code and share your suggestions for topics to cover in next year’s study. ©2012 C. John Langley
Premium Supply chain management Supply chain Logistics
Impacts of Reverse Logistics on the Environment Name: Institution: Impacts of Reverse Logistics on the Environment Introduction Logistics The first thing that comes in mind when one hears the word logistics is the transportation of goods from one place to another but behold‚ the definitions of logistics is the well coordinated channeling of material and information across the chain of supply (Weken and Hoek‚ 1998). In supply chain management‚ it is the link between each tier in a chain of
Premium Supply chain management Logistics Management