Lowest cost entry method, Operation Management

Assignment Help:

Lowest Cost Entry method s( LCEM) or Matrix Minima Method:

Step1: Determine  the smallest  cost in  the cost matrix of the transportation table. Let it be ( Cij). Allocate Sij = min (a i , b j) in the cell( i, j).

Step 2:

a. If Xij = ai cross  out the  i row of the  transportation  table  and decrease b by aj. Go to steps3.

b. If Xij = b cross out the  j column of the transportation  table and decrease ai by bj go to step 3.

c.  If Xij = ai = bj cross out  either the  row or j column but not both .

Step 3: Te peat steps  1 and 2  for the resulting reduced transportation  table until  all the  requirements  are satisfied. Whenever the minimum   cost is  not unique make an  arbitrary choice among  the minims.


Related Discussions:- Lowest cost entry method

Reliable delivery - customers needs for a product, Reliable Delivery - Cust...

Reliable Delivery - Customers Needs for a Product The degree to which the operations system delivers its products or services on time. DHL can successfully charge premium parc

Explain production and distribution of pharmaceutical, Carrington inc is an...

Carrington inc is an international company engaged in the production and distribution of pharmaceutical. Is the Peterson operation successful? To the degree that it can be judged a

Hidden markov models, Hidden Markov Models: We discussed an example of...

Hidden Markov Models: We discussed an example of determining the most probable state path with the Viterbi algorithm. We also discussed in the class how to calculate the margi

Explain forecast equipment usage, A dry cleaner uses exponential smoothing ...

A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of c

Policy Interview, It is important for students, as they progress through th...

It is important for students, as they progress through this program, to learn from those currently working in health care. For this assignment, students will interview a health car

I want examples of some of these that are associated stories, I need exampl...

I need examples of some of these that are associated with the university. Liberty University. I know what they are i just need help with stories or exaples of these things that are

What is the safety stock and rop, Chicago's Hard Rock Hotel distributes a m...

Chicago's Hard Rock Hotel distributes a mean of 1000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of

Centre of gravity method, Hi, I am looking to find any potential benefits o...

Hi, I am looking to find any potential benefits of the centre of gravity locational theory, in addition to this, would like to know of any potential drawbacks that the theory entai

Define construct the linear programming model, A farmer has 10 acres to pla...

A farmer has 10 acres to plant in wheat and barley. He has to plant at least 7 acres. However, he has only $1200 to spend and each acre of wheat costs $200 to plant and each acre o

Patient management, i want to no how they management patient were to start...

i want to no how they management patient were to start up to the end

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