Advantage of north west corner method, Business Management

Assignment Help:

Advantage of North West Corner Method:

a. This methods is very effective as it provide step by step solution.
b. It is very simple to obtain optimum solution through this method.

Disadvantage of North West Corner Methods

a. This method does not take into consider the important factor viz, cost which is sought to be minimized.
b. NW corner rule take more time in obtaining optimal solution.


Related Discussions:- Advantage of north west corner method

Stages in organizational development, Organizational development is a proce...

Organizational development is a process a workplace a group of people and their growth and development. Not only one's growth will matter but both the organization as well as the p

Organizations can make the planning process more effective, QUESTION Th...

QUESTION The financial crisis in America reminded business organizations about the difficulty to plan in a very dynamic business environment. Many organizations were unprepared

Explain the risk-taking capability of an entrepreneur, Explain the risk-tak...

Explain the risk-taking capability of an entrepreneur. Risk-Taking Capability: Risk is inseparable and inherent element of entrepreneurship. He supposes about the uncerta

Anticipation inventories, Anticipation inventories are held for the rea...

Anticipation inventories are held for the reason that a future demand for the product is anticipated. Production of specialized times like crackers well before Di

Non tariff measures, The last 30 years has witnessed substantial reduction ...

The last 30 years has witnessed substantial reduction in the level of tariffs applicable by nations members to the WTO. However, this has also been accompagnied by a rapid prolifer

Farm planning, iimportance of farm planning to the farmer

iimportance of farm planning to the farmer

Explain the different roles that managers must play, QUESTION Managers ...

QUESTION Managers are directly responsible for the success or failure of any organization. Their main responsibility is to help the organization to achieve its objectives in an

Future wage rate, A human resources department must know if the wage rate i...

A human resources department must know if the wage rate is stable, will increase or decrease. If equilibrium exists, wages are stable, if excess demand exists; wages will increase

What are the methods of training of supervisors, What are the Methods of Tr...

What are the Methods of Training of Supervisors? Methods of Training of Supervisors: Supervisors or foremen are above the workers or operative level workers into the pyra

Adequate storage facilities, Adequate and well organized warehouse facil...

Adequate and well organized warehouse facilities with went equipped proper handling facilities must be there. It need not necessarily be elaborate and expensive. Such

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