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

Linear Programming Problem, A paper mill produces two grades of paper viz.,...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Explain the graicunas theory, Question 1 Discuss the impact of Henry Fayol...

Question 1 Discuss the impact of Henry Fayol's principles of management on the modern techniques of management with the help of suitable examples Question 2 Explain the Gary

Equation, A paper mill produces two grades of paper viz., X and Y. Because ...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Banking operations, sir plz suggest me any book for this...or notes.....

sir plz suggest me any book for this...or notes.....

Operation Research Models, Explain the classification of models 1. Classifi...

Explain the classification of models 1. Classification by function or uses 2. Classification by degree of qualification 3. Classification by physical characteristics 4. Classidicat

Operation research, types of OR ,technique and mathematical system and line...

types of OR ,technique and mathematical system and linear programming system in operation research

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

OPERATIONS RESEARCH, Discuss the methodology of operation research

Discuss the methodology of operation research

Sample size in non propbability- sampling decisions, Sample Size in Non Pro...

Sample Size in Non Propbability The probability  selection does not apply  to purposive  selection. The size  of the  non  probability samples  is selected  in a subjective ma

Formulation of relevant hypotheses and models, Tentative explanations when ...

Tentative explanations when formulated as propositions are called hypotheses. It is very important to state the hypothesis and its anticipated consequences before star

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