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Optimizing Meilink Borculo B.V.'s Transportation Planning : Cost-Effective Logistics through Vehicle Routing

Karakash, Tanser (2024) Optimizing Meilink Borculo B.V.'s Transportation Planning : Cost-Effective Logistics through Vehicle Routing.

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Abstract:This thesis investigates the optimization of transportation planning at Meilink Borculo B.V., a leading industrial packaging company in the Netherlands. The aim is to reduce transportation costs by exploring optimization techniques for a Vehicle Routing Problem and developing a solution approach tailored to Meilink's specific needs. A Multi-Trip Capacitated Vehicle Routing Problem with Divisible Delivery and Pickup, Time Windows, Private Fleet, and Common Carriers (MTCVRPDDPTWPFCC) is formulated in the form of a Mixed Integer Linear Programming model. A Variable Neighbourhood Search metaheuristic is proposed to tackle the challenges. Experimental results showed that the VNS approach could improve current costs by up to 64%, outperforming the MILP model.
Item Type:Essay (Master)
Clients:
Meilink Borculo B.V., Borculo, Netherlands
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:55 traffic technology, transport technology
Programme:Industrial Engineering and Management MSc (60029)
Link to this item:https://purl.utwente.nl/essays/98603
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