Stepping stone methods, Operation Management

Assignment Help:

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,

312_Stepping Stone Methods.png

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.


Related Discussions:- Stepping stone methods

Mathematical analysis of the normal distribution curve, Mathematical Analys...

Mathematical Analysis of the Normal Distribution Curve Mathematical analysis of the normal distribution curve has produced data tables which provide population statistics in r

Strategic service concept and service delivery system, Strategic Service Co...

Strategic Service Concept and Consideration of Service Delivery System Service has been singled out for particular attention. Product differentiation is a relatively visible

Offer a description of the freedom of the world survey, Please provide a de...

Please provide a description of the Freedom of the World survey. What factors are taken into consideration in the survey when forming the rankings?

Total quality management and just in time in trade offs, Total Quality Mana...

Total Quality Management and Just in Time in Trade Offs When Skinner first introduced the ideas of trade-offs and focus, it was generally held that there was an unavoidable tr

Explain terms national economy and manufacturing sector, As a library or in...

As a library or internet assignment, find the U.S. productivity rate (increase) last year for (a) national economy, (b) manufacturing sector, and (c) service sector.

Define state licensure requirements that an organization use, Discuss state...

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

Explain unobtrusive surveillance, What legitimates intruding into others li...

What legitimates intruding into others lives' through unobtrusive surveillance, through market research, or by whatever means?

What are the main factors that defines google''s success, What are the key ...

What are the key factors that defines Google's success in the industry? What are their key competencies, capabilities and resources of being a successful search engine?

Explain what is the expected project length, Task time estimates for a prod...

Task time estimates for a production line setup project at Robert Klassen's Ontario factory are as follows: Immediate Activity Time (in hours) Predecessors A 6.0 - B 7.2 __ C

#Process design plant locatiom.., Relation with types of manufacturing plan...

Relation with types of manufacturing plant location and layout.?

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