Transportation Method Example - Least Cost Method for Initial Feasible Solution
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Transportation Video 4 of
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Transportation Video 4 of 7
Example 2 Initial Feasible Solution
Two examples of the Linear Programming Transportation Problem are given. The first is videos 1, 2, and 3. The second is videos 4, 5, and 6.
* The Least Cost Method (sometimes called the Low Cost Method or the Minimum Cost Method) is use to find the initial feasible solution. This method typically gets you closer to a solution than the Northwest Corner Method.
* The Stepping Stone Method is the second video in the series and is a good teaching tool to aid in the understanding of how to reach an optimal solution.
* The 3rd video in each Series is the MODI or Modified Distribution Method and is the best way to solve a Transportation Problem.
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