Optimising the allocation of fleet across business units

Abstract

The aim of this project is to develop the optimum implementable fleet allocation solution. This entails optimising the re-allocation process of fleets across all business units and achieving costefficiencies, taking into consideration all of the replacement rules and temperature capabilities of the fleets. Data visualisation will be conducted to highlight any trends that one should be aware of and will be incorporated into the model. A distribution network diagram showing all available routes will be created, followed by a cause and effect diagram to identify where all critical factors are situated and how they should be prioritised or ranked. The multiple criteria analysis combined with the linear program, modelled in Excel Solver, will determine the optimal fleet size. This will help to develop a new vehicle allocation procedure for any changes in the future. The solution is based on optimum consideration of identified critical factors. Different investigations will also be conducted to understand the full extent of possible risks that could affect the optimisation model.