Least cost methods, Operation Research

Assignment Help:

The NW  corner  rule  described  earlier considers only  the availability  and supply  requirements  in making  assignments. It takes  no account  of the shipping  costs  given  in the tableau. It  is therefore  not a sound methods as it ignores the very factor (cost )  which  is sought  to be minimized. The least  cost methods and the Vogel  Approximation  methods  consider the  transportation  costs while  making  allocations.

As the  name suggests of all the routs ( that  is combination of  sources  and destination) select  the one  where transportation cost is the least. Now  consider  the supply available at the  corresponding source and demand at  the corresponding destination and put the lower of the two as the quantity to be transported through that route. After this delete the source destination whichever is satisfied. Consider the remaining routes and again choose the one with the smallest cost and make assignments. Continue in this manner until all the unit are  assigned.


Related Discussions:- Least cost methods

Advantages of standard deviation - measure of dispersion, Advantages of S...

Advantages of Standard  deviation a.Standard  deviation is based on all the observations and is rigidly  defined. b.It is  amenable to algebraic  treatment  and possesses

Lpp using sipmle method, Maximize Z= 3x1 + 2X2 Subject to the constraints: ...

Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Operations research, six operators are to be assigned to the 5 jobs with th...

six operators are to be assigned to the 5 jobs with the cost of assignments

Vogel''s approximation method, I''m getting a negative value in the one of ...

I''m getting a negative value in the one of the Supply/Stock columns while solving a problem in Vogel''s approximation method. Is it possible or am I doing anything wrong?

Scope, With practical example

With practical example

Reference books - classification of documents, Reference Books: Defini...

Reference Books: Definition According to William  Katz (1969) a Reference book generally has the following qualities:  It is a miscellany of information organised for quick

Analyse the average number and mean number, Consider the closed network of ...

Consider the closed network of the following figure. The number at the arrows give the transition probabilities for a customer leaving the queue to route to a subsequent queue. Eve

Liner proggraming , A paper mill products two grade of paper viz., X & Y. B...

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

Rules regarding the table structure, Rules  Regarding the Table  Structur...

Rules  Regarding the Table  Structure a. Table Number: When a number  of tables  are constructed serial number of the tables  should  be given  to each table. b. Title Th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd