Transportation and assignment problem, Operation Management

Assignment Help:

Transportation and Assignment Problem:

Transportation  problem is the  problem of determining the minimum  cost for  allocating a product from  several supply sources to several destinations. For  example  a cold  drink  manufacturing  company  has say four  plants located in four different cities and the total production of these four plants is  absorbed by four shops located in different cities an d if we are to determine a transportation schedule that minimizes the total cost of transporting cold drinks form different plant locations to  various  shops then it is a case of transportation problem. A simplified version of the  simple method  talked about in  case of linear programming can be used in solving such  problems  and this simplified  version  is often  known as the transportation algorithm. At times  this is  also known  as the  transportation methods  or the distribution  methods.


Related Discussions:- Transportation and assignment problem

Finish a net material requirements schedule, Complete a net material requir...

Complete a net material requirements schedule for: a) All items (10 schedules in all), assuming the requirement for each BOM item is 1. b) All 10 items, assum

Explain cost management processes, Cost management processes are involved i...

Cost management processes are involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.

Explain how do the bi needs of business professionals, How do the BI needs ...

How do the BI needs of business professionals and medical professionals differ?

Compute annual holding cost plus the annual ordering cost, The current orde...

The current order quantity for Paul's Pasta Pinwheels is 200 boxes. The order cost is $4 per order, the holding cost is $0.40 per box per year, and the annual demand is 500 boxes p

Discuss the breakeven point, Discuss the breakeven point. What is the break...

Discuss the breakeven point. What is the breakeven point? Why does a small business need to do a breakeven analysis?

Explain worldwide the sale of alcoholic beverages is legal, Which of the fo...

Which of the following statements is true? Answer law applies to individuals only; not to groups or society as a whole the sale of marijuana is illegal worldwide the sale of alcoho

What is network program rating, Nielsen ratings are very important to both ...

Nielsen ratings are very important to both advertisers and television programmers because the cost of television advertising time is based on this rating. A show's rating is the nu

What is the objective under jit and time-based competition, _____ is the ob...

_____ is the objective under JIT and time-based competition. WIP reduction Material velocity Lead-time reduction Decreasing material wait time

Role of computers in operations management, what are the changing roles of ...

what are the changing roles of computers in operations management

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