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

How managing and using performance data, Identify three aspects of managing...

Identify three aspects of managing and using performance data so that it is useful to the organization. Provide an example of each aspect. Be specific in your response.

Explain how important is to find ways to compensate, As a new entry-level m...

As a new entry-level manager, how important is to find ways to compensate for your relative lack of expertise when trying to determine which alternative before you is most likely t

Explain adaption and culture shock, The first response to unfamiliar surrou...

The first response to unfamiliar surrounds, like those encountered in an overseas assignment, is: Answer: a. Adaption b. Culture shock c. Fascination d. Reverse culture shock

Confidence interval of the population mean life, A sample of 36 "AA" Alkali...

A sample of 36 "AA" Alkaline batteries has a mean life of 6 months. The standard deviation of the population is known to be 3 months. Find the 95% confidence interval of the popual

Explain how can healthcare service providers avoid claims, Part I: Avoid cl...

Part I: Avoid claims rejections A payer may delay or deny payment because of inaccurate or missing information in a submitted claim. Many contracts require payment within a spec

Explain the criteria you would use if you were a manager, In one paragraph ...

In one paragraph supported by your text and other research, describe the criteria you would use if you were a manager charged with evaluating corporate contributions to decide whet

Explain when great technological projects, Superior expertise about how tec...

Superior expertise about how technologies work does not guarantee superior judgment about how they should be used, regulated, or governed. As technology becomes more sophisticated,

How the job of industrial manager becomes more difficult, How the job of in...

How the job of industrial manager becomes more difficult? However, the job of industrial Manager becomes still more difficult because of: (i) Change in technology; (ii) C

Explain what is its current yield, Consider a $1,000 par value, 7% annual c...

Consider a $1,000 par value, 7% annual coupon bond. The bond matures in 9 years. Assuming the bonds required return is 10%, what is its current yield? (Semi-annually compounding)

Described in the initial kickoff meeting for a project, Which of the follow...

Which of the following would be the first item to be discussed in the initial kickoff meeting for a project? Answer Understanding of the requirements Understanding of the

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