Speaker: Archana Khurana (University of Baltimore)
Title: On multi-index fixed charge bi-criterion transportation problem
Abstract:In this talk I would discuss an algorithm for solving a multi-index fixed charge bi-criterion transportation problem and also present a method for finding the optimum trade-off pair among the efficient cost-time trade-off pairs. The solution method would be useful when we need to transport heterogeneous commodities. The proposed algorithm minimizes variable and fixed costs simultaneously to yield an optimal basic feasible solution. I would also provide an algorithm to obtain an initial basic feasible solution of the multi-index transportation problem that may be used as a superior initial solution with any other existing procedure to enhance convergence to the optimal solution.