British Journal of Economics, Management & Trade, ISSN: 2278-098X,Vol.: 10, Issue.: 2
Accessing and Distributing Petroleum Products in E-Commerce Environment
Liangfang Li1, Akyene Tetteh1* and Qi Xu1 1Glorious Sun School of Business and Management, Donghua University, 1882 Yan’an Road West 200051, P. R. China.
Liangfang Li1, Akyene Tetteh1* and Qi Xu1
1Glorious Sun School of Business and Management, Donghua University, 1882 Yan’an Road West 200051, P. R. China.
(1) Stefano Bresciani, Department of Management, University of Turin, Italy.
(1) Diana Bílkova, University of Economics, Czech Republic.
(2) Anonymous, Shinawatra University, Thailand.
Complete Peer review History: http://sciencedomain.org/review-history/11175
The e-commerce environment is changing the dynamics of doing business rapidly but very often transportation problems hinder customer satisfaction. This paper seeks to minimize the cost of accessing and distributing petroleum products in e-commerce environment. Applying 0-1 mixed integer linear programming (0-1 MILP) model to model the statement of problem: the simulation results suggested that increase in petroleum product demand increases total cost of operations and it can be minimize by reducing the cost of distance covered to access and distribute products. Besides a well-integrated activity of vehicles used for accessing and distributing scheduling planning into e-commerce pace of executing business may improve customers’ satisfaction.
E-commerce; petroleum products; 0-1 MILP.
Full Article - PDF Page 1-10
DOI : 10.9734/BJEMT/2015/20211Review History Comments