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
the goal of growing their franchised Internet cafes business‚ an efficient‚ flexible and cost-effective logistics system is what they need for the provision of equipment to the franchisee. Since logistics is one of the non-core activities that is perceived as a bottleneck for scalability‚ the present logistics system of elc will be reviewed and findings of whether to outsource the logistics system will be presented to the management team. Background of easyGroup Stelios Haji-loannou‚ the
Premium Airline Internet Low-cost carrier
Introduction……………………………………………………………….3/7\ Relationship………………………………………………………………3/7~4/7\ new requirements…………………………………………………………4/7~5/7\ The efficiency and reliability of international logistics…………………..5/7~6/7\ Conclusion ………………………………………………………………….6/7\ References…………………………………………………………………7/7\ International trade and international Logistics The rapid expansion of trade liberalization and the growth of global capital markets and integration‚ information technology and the progressive development
Premium International trade Globalization World Trade Organization
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
organization. The process of managing stock‚ warehouse inventory‚ and freight transportation is at the heart of logistics. Logistics is the management and coordination of moving inventory from its origination to its ultimate destination. The goal of a logistics team is to find a way to do this process in the most streamlined‚ cost efficient method possible. The overall High costs in the logistics industry though are a cause for concern as they hinder the ability of organisations to provide maximum efficiency
Premium Logistics Transport
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
analyzed and interpreted in sub-sections 4.9a to 4.9o. 4.9a Reverse Logistics Costs : Factor - ’ Top Management Commitment ’. Table 4.9a. Reverse Logistics Costs: Factor - ’ Top Management Commitment ’. a Level of Importance. Not at all Important Least Important Somewhat Important Important Highly Important Total No. of Respondents 0 0 7 197 64 268 % Respondents 0.0 0.0 2.6 73.5 23.9 100.0 Note. a Level of Importance : Not at all Important to Highly Important.
Premium Management Management Logistics
1 . How can design for logistic concepts be used to control logistics costs and make the supply chain more efficient ? Design for logistics concepts can be used to control logistics costs by applying the concepts to the supply chain process . The DFL focuses on three concepts ‚ which are : packaging and transportation ‚ parallel and concurrent processing ‚ and standardization . In terms of controlling logistics costs ‚ the DFL suggests that packaging and transportation can be improved
Premium Supply chain management Logistics
A Project Proposal Submitted for the partial fulfilment of the requirements of the Advance Diploma in Business Management (Part time) Program. CRYSTAL MARTIN GARMENT (PVT) LIMITED [pic] Supply Chain & Logistic Solution K.G.L.C.J. Bandara ADBM-ESU-12-39 Advance Diploma in Business Management Program (Sunday) National Institute of Business Management Colombo‚ Sri Lanka Introduction of Organization The Crystal Group is headquartered
Premium Supply chain management Logistics Management
PHYSICAL DISTRIBUTION AND LOGISTICS A company the size of McDonald’s requires the value chain to be increasingly important. Not only does McDonald’s want to add value for the customers‚ but also the firm looks for ways to improve the operations that makes McDonald’s a more efficient business .McDonald’s is constantly striving to add value to the firm for their customers‚ and in doing so‚ the firm has created efficiency in getting the products to the customers quickly and as fresh as possible
Premium Supply chain management Supply chain Logistics