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Transportation modelIn the obvious sense, the model deals with the determination of a minimum cost plan for transporting a single commodity from a number of sources (e.g. factories) to a number of destinations (example, warehouses).
The model can be extended in a direct manner to cover practical situations in the area of inventory control, employment arrangement, personnel assignment, cash flow, preparing, dam reservoir levels, and many others. The model also can be modified to account for multiple commodities. It is basically a LP that can be solved by the simplex method. Though, its special structure allows the development of a solution procedure called the transportation technique that is computationally more efficient. It must be emphasized that the "new" technique essentially follows the exact steps of the simplex method. It can be extended to cover a number of important applications, including the assignment model, the transhipment model. However, the transportation model and its extensions are also special cases of network models.
Terms of payment vary broadly in practice. At one conclusion, if the seller has financial resources, she or he may extend liberal credit to the buyers, conversely the buyer pays in
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In this method, approximation of various assets here excluding cash and including liabilities are made getting into consideration the transactions in the ensuring period. Afterward
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Question 1 The following items are found in the trial balance of M/s Sharada Enterprise on 31st December, 2000. Sundry Debtors
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PART 1 Carlton Ltd operates at capacity and makes glass-topped dining tables and wooden chairs which are then typically sold as sets of four chairs with one table. However, some c
Determine the Inputted cost It is hypothetical cost required to be considered to make costs comparable. It is the owner of the factory charges rent of the factory to the cost
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