How managerial perspectives affect the optimal fleet size and mix model: a multi-objective approach

ABSTRACT: We examine the interplay between the business and logistical aspects of a heterogeneous vehicle mix and fleet size problem using inputs from a dairy cooperative in India. Five objective functions have been modelled and simultaneously solved using a mixed-integer linear fuzzy goal programming method. These include net profit as a maximization function, and transportation cost, transportation time, lost sales due to non-service, and in-transit damage or loss as minimization functions. Our paper contributes to the literature by evaluating critical business objectives such as net profits, lost sales due to non-service, and in-transit loss in conjunction with the typical heterogeneous fleet size and mix optimization decisions. The paper proposes two different solution methods: the Competing and

SUBMITTER: Sarangi S 

PROVIDER: S-EPMC9652047 | biostudies-literature | 2022 Nov

REPOSITORIES: biostudies-literature