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Transportation Cost Minimization: Max Min Penalty Approach
| Content Provider | Semantic Scholar |
|---|---|
| Author | Rekha, Suvarna Srividhya, B. Vidya, S. |
| Copyright Year | 2014 |
| Abstract | In this paper, a transportation problem is applied to determine the reduction in Transportation cost (TC) of tools which appeared to be an important component of the total cost of production . The algorithm determines the Initial Basic Feasible(IBFS) Solution of Transportation Problem (TP) to minimize the cost. The result with an elaborate illustration demonstrates that the method presented here is effective in minimizing the transportation cost. |
| Starting Page | 6 |
| Ending Page | 8 |
| Page Count | 3 |
| File Format | PDF HTM / HTML |
| DOI | 10.9790/5728-10210608 |
| Volume Number | 10 |
| Alternate Webpage(s) | http://www.iosrjournals.org/iosr-jm/papers/Vol10-issue2/Version-1/B010210608.pdf |
| Alternate Webpage(s) | https://doi.org/10.9790/5728-10210608 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |