The Influence on the Consumer Purchasing Price of Manufacturing Goods Through Optimized Transportation Modeling

Authors

  • Rakesh Aggarwal, Devendra Singh

DOI:

https://doi.org/10.17762/msea.v71i4.1661

Abstract

This paper highlights the critical challenges that cause the rise in the rate of transportation. In this paper, several literature reviews are discussed to clarify the techniques and strategies which can be helpful in the reduction of the logistics cost of transportation. The activities of the supply chain can be handled separately so that it can reduce the cost of transportation. Transportation cost reduction is one of the most challenging jobs to do; to be successful, it requires a variety of management and strategy implementations. One of the primary difficulties in today's society is the rising expense of transportation, which is the main topic of this paper. In order to make the difficulties and concerns of the article more precise and understandable, this paper presents a wide range of literature studies on the subject. 

The literature reviews on this topic highlight the area of concern and also discuss the solution which could be taken for the reduction of the transportation cost. This paper mainly highlights the activities of the supply chain which can help in lessening the logistic cost of transportation. Using automated techniques can hype the transportation cost but it can also reduce the labor cost which is a plus point for the reduction of transport cost. The increasing expenses of the daily essentials are the major reason for increasing transportation costs. 

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Published

2023-01-15

How to Cite

Rakesh Aggarwal, Devendra Singh. (2023). The Influence on the Consumer Purchasing Price of Manufacturing Goods Through Optimized Transportation Modeling . Mathematical Statistician and Engineering Applications, 71(4), 8994–8999. https://doi.org/10.17762/msea.v71i4.1661

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Section

Articles