Abstract
The transportation model is a linear programming model targeting at minimization of transportation cost for any firm. However, it is critical to examine how effective it can be applied to enable firms pursue its immediate and strategic objectives. This study on transportation model is carried out to examine the practical application of transportation model in Otebu Investment limited Idah, Kogi State. The study was induced by the curiosity to ascertain the extent in which the transportation model as a branch of linear programming model is being applied by the firm and how this model has been able to enhance the performance through cost minimization. The study empirically reached both the Management, senior and junior employees of the enterprise through field descriptive survey research and finding revealed that the application of transportation model of linear programming have been able to enhance the performance of the firm hence considering the fact that there is a link between cost minimization and revenue drive of the Firms this model should be consistently adopted so as to be able to continuously minimize transportation cost.
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Applied and Scientific Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
