Vogel approximation methods, Operation Management

Assignment Help:

Vogel Approximation Methods ( VAM):

Step 1: For each row the transportation table identify the smallest and next to smallest cost. Determine the different between them for each row. These are called penalties. Put them along side the transportation table by enclosing them in the parentheses against the respective rows similarly compute these penalties for each column.

Step 2: Identify the row or column with the largest penalty among all the rows and columns. If a tie occurs use any arbitrary tie breaking choice. Let the largest penalty correspond to itn row and let c be the smallest cost in the row. Allocate the largest possible amount t- t Xij = min ( ai ,bi) in the cell ( i, j,) and cross out the i row or the j column in the usual manner.

Step 3: Again compute the column and row penalties for the reduced transportation table and then go to step 2. Repeat the procedure until all the requirements are satisfied.


Related Discussions:- Vogel approximation methods

Describe making better business decision, Making Better Business Decision: ...

Making Better Business Decision: Do you provide the quizzes/exams questions for this book? **You didn't answer my questions a Yes or No would have been sufficient. Please answer th

Explain what is the percentage increase in productivity, Lake Charles Seafo...

Lake Charles Seafood makes 500 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant managers have decided to operate three

Explain what is the risk premium for the payoff, A decision maker has the f...

A decision maker has the following utility function. Payoff Indifference Probability 250 1.00 200 .90 100 .80 50 .50 -50 0 What is the risk premium for

Concept of trade off in business strategy, Concept of Trade off in Business...

Concept of Trade off in Business Strategy The trade-off concept was first introduced by Skinner (1969,1974) who carried out a large study of successful American manufacturing

Explain b2b marketing, Is B2B marketing really any different than B2C marke...

Is B2B marketing really any different than B2C marketing? Many believe that B2B marketing may actually be much more manageable than B2C marketing. How do you feel about that percep

Explain level of competitive intensity in an industry, According to Porter,...

According to Porter, what determines the level of competitive intensity in an industry?

Explain risks to a broad generic business strategy, What are some drawbacks...

What are some drawbacks and risks to a broad generic business strategy? To a focused strategy?

Describe fully and provide citations, On February 1, Mary verbally agrees t...

On February 1, Mary verbally agrees to work as a businessperson on a temporary basis for the firm of Blacke & Blewe, P.C. The job that Mary is assigned to do will take eight months

Explain the constitutional law theory, Here is a situation for Don and Joan...

Here is a situation for Don and Joan who are partners for a vending cart business, which sells hotdogs on the street. Joan and Don received a mailed notice from the City of Richmon

Explain modern healthcare systems, EBSCO Online Library, use the search fun...

EBSCO Online Library, use the search function, and read the following article. Then complete the discussion forum question. Developing leadership talent in healthcare organizations

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