Optimal Location Choice for Events (Case Study: Teacher Education Division of Ghana)
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Date
2012-05-12
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Abstract
Employees of many institutions and organizations frequently travel to professional – development conferences and training events. Conference planners often decide on event locations arbitrarily with little regard for travel cost. In this thesis, a mathematical model for the determination of cost – effective event site for Teacher Education Division of Ghana (TEDG) is constructed. It involves using the Floyd’s Algorithm for solving the all pairs shortest-path-network problem and conference site selection model. The study revealed that an amount of GH¢570,015.00 and GH¢917,280.00 would be spent in the cost – effective site and most expensive site respectively. It also established that meeting at Wa, the cost – effective location could save TEDG an amount of GH¢347,265.00 on every training event. Among the recommendations offered was that since the model minimizes event cost, thereby increasing the savings, TEDG and other institutions event planners could adapt the model in deciding where to host an event.
Description
A Thesis submitted to the Department Of Mathematics in Partial Fulfilment of the Requirement for the Award of Degree of Master of Science in Industrial Mathematics.