3 4 Supply: 60 40 28 10 120 2 50 30 30 20 150 3 43 20 20 10 160 Demand: 100 100 100 130 The transportation table of a company that sends products is given below. According to the least cost method what is the value for the first cell to be assigned ?

3 4 Supply: 60 40 28 10 120 2 50 30 30 20 150 3 43 20 20 10 160 Demand: 100 100 100 130 The transportation table of a company that sends products is given below. According to the least cost method what is the value for the first cell to be assigned ?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Concept explainers

Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.

Question

1
3
Supply:
4
1
60
40
28
10
120
2
50
30
30
20
150
3.
43
20
20
10
160
Demand:
100
100
100
130
The transportation table of a company that sends products is given below. According to the least cost method what is the value for the first cell to be assigned ?

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