Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Stepping Stone Methods :
This is a procedure of determining the optimal if any for improving each of the non basic variables in terms of the objective function. To determine this potential each of the non basic variables ( Empty cells ) is consider one by one. For each such well we find out as to what effect on the total cost would be if one unit is assigned to this cell. With this information then we come to know whether the solution is optimal or not. If not we improve that solution. To understand it we refer to the table a side which is a reproduction of the table above containing the initial basic solution obtained by NW corner rule.
In the above table there are four empty cells BD, CD, AF, BF,
The rule for testing the optimality is if none of the empty cell has a positive opportunity cost the solution is optimal. And if one ( or more ) of the empty cell have a positive opportunity cost the solution is not optimal and calls for revision. We concentrate only on the cells that have positive opportunity cost and would select the one with the highest value.
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labour content of the jobs needed to produce the shoppi
How can a CIO could best leverage an RHIO
A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following? Cost or price Focus Automatio
What should you look for when doing a case analysis?
Discuss state licensure requirements that an organization must comply with in order to become a Medicare Advantage Plan, any exceptions to the State licensure requirement, and any
Prepare a product-by-value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or
What do you understand by “line balancing”? What happens if balance doesn’t exist?
1. An agent has a utility function over goods 1 and 2 of the form U = x c 1 x d 2 where c is your individual number and d is your minimum number. The agent's income is equal t
Why do marketing managers need research and what is its role in decision making?
Typical Financial Performance Measures Profitability - Profit margin, return on capital invested, return on equity Liquidity - Current ratio, cash position, working ca
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd