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Advantage of Vogel Approximation Method
a. This method is very systematic.
b. This method takes lesser time in solving transportation problem.
c. Less computation are involved in this methods.
Disadvantage of Vogel Approximation Methods
a. This methods provides approximate solution to the given problem.
b. This methods is tedious when the given matrix is large one.
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Negotiators can influence the perceived cost of agreeing as well as the perceived cost of disagreeing and the other party will likely accept the proposal when it is more expensive
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