Advantage of least cost method, Operation Management

Assignment Help:

Advantage of Least Cost Method

a.       This method   provides accurate solution as transportation cost is consider while making  allocation.

b.      It is very simple  and easy to calculate optimum  solution  under  this method.

Disadvantage of Least Cost Method

a.         This method does not  follow steps by  step rule for obtaining  optimal solution ,

b.       This method is  based  on the selection through personnel observation when three is a tie  in the  minimum  cost it  does not  follow any systematic rule.


Related Discussions:- Advantage of least cost method

Explain what is the current state of hrm, What is the current state of HRM-...

What is the current state of HRM-r related technologies in your organization? What are organizational leaders' positions as they relate to using HRM-r related technologies (for

Explain what are the four communication styles, 1) Describe the five major ...

1) Describe the five major principles that support communication-style theory. 2) What two dimensions of human behavior are used to identify communication style? 3) What are

Increased involvement in the colonies use examples, As mentioned in the att...

As mentioned in the attached reading on Revolutionary radicalism, the colonial response to British laws following the French and Indian War was extremely violent in many cases. Ma

#title.supply chain management, explain how a supply chain management would...

explain how a supply chain management would enhance profitability with an analysis of supply chain network

Countries that are leading the export import of merchandise, The wtos intl ...

The wtos intl trade statistics is an annual report that provides comprehensive comparable updated statistics on trade in merchandise and commercial services. This report allows for

Give example of probability encountered, identify at least one example of p...

identify at least one example of probability encountered in everyday life which has not previously been mentioned.

Explain switch read in order to find the mac address, What part of a packet...

What part of a packet does a switch read in order to find the MAC address? a. FCS b. padding c. header d. trailer

Explain case studies with ethnographic research, 1. What benefits can be ga...

1. What benefits can be gained from case studies? What dangers, if any, are there in using case studies? In what ways are they useful? Support your answers. 2. Provide some exam

Explain mamdouh finally sued for national origin, Mamdouh El-Hakem was empl...

Mamdouh El-Hakem was employed by BJY, Inc., for more than a year. His manager repeatedly called Mamdouh, an Arabic employee, "Manny" or "Hank", instead of his given name. His manag

Monthly forecast for landing gear assemblies, 1) Rocco wants to prepare the...

1) Rocco wants to prepare the sales forecast for the next 24 months today. His company produces heavy-duty on/off timers used by large Christmas light displays and above ground swi

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