Advantage of north west corner method, Business Management

Assignment Help:

Advantage of North West Corner Method:

a. This methods is very effective as it provide step by step solution.
b. It is very simple to obtain optimum solution through this method.

Disadvantage of North West Corner Methods

a. This method does not take into consider the important factor viz, cost which is sought to be minimized.
b. NW corner rule take more time in obtaining optimal solution.


Related Discussions:- Advantage of north west corner method

Describe each of the steps in the decision making process, QUESTION 1 M...

QUESTION 1 Motivating employees is a very important aspect of the manager's job. In this context, discuss the relevance of the Maslow's hierarchy of needs in motivating employe

Competent motors limited, Rajinder Kumar was a manufacture worker at Compet...

Rajinder Kumar was a manufacture worker at Competent Motors Limited (CML), which made components and accessories for the automotive industry. He had worked at CML for almost seven

Hygiene factors or motivators, QUESTION 1 Several organizations in Maur...

QUESTION 1 Several organizations in Mauritius have made their name in the industrial sector and still references for future enterprises .Their success is a result of good manag

Investment management, You are a manager in the investment industry, whose...

You are a manager in the investment industry, whose role is to provide investment portfolio advice and managementto a client, who is your investorprincipal. You should identify t

Centralization of authority and responsibility, Ask question the principle ...

Ask question the principle of centralization and responsibility

Kaizen concept, Kaizen is the Japanese term for continuous improvement. Th...

Kaizen is the Japanese term for continuous improvement. The kaizen concept was pioneered by in Japan by Toyota as a daily challenge to all its employees to improve their process

What are the different types of decisions, What are the different types of ...

What are the different types of decisions? Decisions might be of different types: Several of the significant kinds of managerial decisions are described below: • Programm

Explain approach to business processing re-engineering, Compare and contras...

Compare and contrast the following terms: Process Re-engineering and Continuous Improvement. Discuss the differences between a 'clean slate' and a 'technology enabled' approach to

Business and cultural, Judge how the business and cultural environments sha...

Judge how the business and cultural environments shape the behaviour of a selected organisation

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