Least Cost Method Homework Help
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What is Least Cost Method?
Transportation problems arise in any manufacturing sectors that have different departments at distances. These distances provide time anomalies for the delivery of the product from department to departments. In this article for Least Cost Method homework Help we discuss about this method to solve the transportation problems.
Meaning of Least Cost Method
An initial feasible solution can be deduced for transportation problems from least cost method. The cells that have the minimum cost are allocated with certain values. The reason for choosing lower cost cells over higher cost cells is to achieve a least cost of transportation.
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Steps of Least Cost Method
The following steps listed in this Least Cost Method homework Help article are followed in the method to achieve minimum transportation cost.
1. Among all the rows, the first step is to identify the least cost in a transportation table.
2. In accordance to the least cost in the row, maximum feasible quantity is allocated in it. After allocation the subjected row is eliminated.
3. Repetition of step 1 and step 2 goes on simultaneously to reduce all the rows until each and every quantity is distributed to the certified place.
4. As our Least Cost Method homework Help article writers suggest, this will find a final value for the allocation of minimum transportation cost available.
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