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

Describe corruption and bribery, Corruption and bribery are common in some ...

Corruption and bribery are common in some countries. Would you simply avoid locating in such a country, or locate there and deal with it? If the latter, how would you deal with it?

Explain systems model of organizations, Finding solutions to problems is af...

Finding solutions to problems is affected by how one frames the problem. In other words, what one thinks is wrong will influence what one believes the available solution(s) to be.

Explain supportive organization, There are four critical success factors th...

There are four critical success factors that are important for effective risk management, supportive organization, comment people, appropriate methods, tools and techniques, and si

Explain the culture of the united states of america, Using a minimum of thr...

Using a minimum of three references, describe the culture of the United States of America including regards to observable artifacts, espoused values, and enacted values.

Explain human relations movement, Compare and contrast Scientific Managemen...

Compare and contrast Scientific Management and the Human Relations Movement

Explain selected product to the selected demographic group, ASSIGNMENT THIS...

ASSIGNMENT THIS IS A GRADED ASSIGNMENT THAT IS A COURSE REQUIREMENT? Select one specific product (For example: iPhone Levi jeans, Adidas sports shoes, Chevrolet Volt)? Select one o

How to find the optimal order quantity, Must use Excel for solution Zip ...

Must use Excel for solution Zip Games purchases blank 3.5-inch disks onto which it copies its software for sale through its mail order operation. A disk costs Zip $.20. Processi

Fitzgerald model - performance measures, Fitzgerald Model - Performance Mea...

Fitzgerald Model - Performance Measures The Fitzgerald model is a performance measurement system specifically for service industry. Fitzgerald (1991) describes a feedback/feed

Qn, a firm whether to make or buy a part required in its operation. cost an...

a firm whether to make or buy a part required in its operation. cost and volume estimate are as follows annual fixed cost make $15000 buy none, variable cost make $60 buy $80, annu

Describe integrated systems management, Read the Location Selection through...

Read the Location Selection through Integrated Systems Management article. Define Integrated Systems Management in your own words and discuss the application of the 3 stages of fac

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