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

Which class might have the major impact on the workforce, Determine which c...

Determine which class protected by Title VII of the Civil Rights Act of 1964 had the greatest impact on the workforce of the 20th century. Next, determine which class might have th

Explain what is an ethics audit, • What is an ethics audit and why is it i...

• What is an ethics audit and why is it important to an organization? Explain the benefits and challenges of conducting one. • Why is it important to link the ethics audit bac

Solution to the transportation problem, A transportation problem can be sol...

A transportation problem can be solved by two methods using (a) simplex methods and(b) transportation method. We shall illustrate these with the help of an example. Exam

Explain different insulation properties, An insulated shipping container su...

An insulated shipping container supplier is considering expanding its product line. Three materials with different insulation properties are under consideration. The following info

Explain what is the market share, What is the market share, sales levels an...

What is the market share, sales levels and profit for the last 5 years for Subway Restaurant and Chick-Fil-A restaurant?

Explain establishing team operating principles, Team operating principles a...

Team operating principles are sometimes included in a project charter to enhance team functioning. Which of the following statements accurately describes the value of establishing

Explain changing the manufacturing process, Your company makes baby seats f...

Your company makes baby seats for cars and RVs. Your main product was designed some time ago, and new and better engineering data are available, but your product has a good record

Explain jit for organization, Just-in-Time (JIT) Please respond to the foll...

Just-in-Time (JIT) Please respond to the following- • Develop three examples that illustrate how a manufacturing company of your choice uses JIT, and then determine three to fou

Porter''s value system shows the organisation, Porter's value system shows ...

Porter's value system shows the organisation in terms of      The value chains of suppliers, channels and the customer.

What are individual and group decisions, What are individual and group deci...

What are individual and group decisions? Individual decisions are taken through a single individual in context of routine decisions whether guidelines are already given. Group

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