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

Assignment, Q2. Six Operators are to be assigned to five jobs with the cost...

Q2. Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assign

Linear programming , #questionQuestion. a paper mill produces two grades o...

#questionQuestion. a paper mill produces two grades of paper viz.,xand y.Bacause of raw material restrictions, it cannot produce more than 400 tones of grade x paper and 300 tons

Operations function - information system, The Operations Function has alway...

The Operations Function has always relied heavily on information for its smooth running. During this course information has been introduced as one of the five inputs to the convers

Scope, With practical example

With practical example

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 each) material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of g

Determining sample size for estimating means-sample decisons, Determining S...

Determining Sample Size for estimatingMeans a. Acceptable Errors: There  may be several errors  in the  sample  size. The researcher  will have  to decide those  errors. Whic

Linear Programming, A paper mill produces two grades of paper viz., X and Y...

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 briefly common types of customer''s behaviour, Question: (a) Di...

Question: (a) Distinguish between (i) a single-channel and a multiple-channel waiting line; (ii) a birth and a death process with regard to queueing theory. (b) Explain

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