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

Mass Production and Continuous Flow Manufacturing, Mass Production and Cont...

Mass Production and Continuous Flow Manufacturing  Continuous systems lie at the other extreme, where demand for a single product is sufficiently high to warrant the installa

Explain repeat a signal form router to a workstation, On a 100BaseT Etherne...

On a 100BaseT Ethernet network, what is the maximum number of hubs that can be used to repeat a signal form a router to a workstation? a. 1 b. 2. c. 3 d. 4

Explain barriers to advancement opportunities for women, What are some of t...

What are some of the barriers to advancement opportunities for women and minorities in many organizations?

Explain competitive and profitable, How would you respond to Coca Cola's ch...

How would you respond to Coca Cola's change in sales policy? How would you ensure Pepsi's board that this response will allow you to remain competitive and profitable?

Explain judging a worker not one sexualorienation, Which of the following s...

Which of the following statement concern sexual orientation is true/ 1.sexual orientation is protected by the eeoc/ 2.attitude toward gays a in the workplace are not changing signi

Location analysis, explain the series of steps involved and various factor...

explain the series of steps involved and various factor effecting location decion?

Describe what role organizational structure plays, Discuss what role organi...

Discuss what role organizational structure plays in an organization's efficiency & effectiveness

Explain an approach to a business diversity program, Answer the following q...

Answer the following questions based on your readings. 1. Describe an approach to a business diversity program that would be pragmatic and ethical. 2. What are three possible

Explain probabilites for grades in management science, The following probab...

The following probabilites for grades in management science have been determined based on the past records: Grade Probability A .10

Explain that they receive the training they need, The Chief Projects Office...

The Chief Projects Officer (CPO) is responsible for the individuals working on a project in all of the following way EXCEPT: A. That they perform project activities according to

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