3. A product is manufactured by four factories A, B, C and D. The unit production costs in them areETB 2, ETB 3, ETB 1 and ETB 5 respectively. Their production capacities are 50, 70, 30 and 50units respectively. These factories supply the product to four stories, demands of which are 25,35, 105, and 20 units respectively. Unit transportation cost in ETB for each factory to each storeis given in the table below.FactoriesBCD1210134Stores2483636798HUSES4115123Determine the transportation plan to minimize the total production-cum-transportation cost byusing:a. Vogel's Approximation Method (VAM) for initial basic feasible solutionb. North West Corner Method (NWCM)c. Least Cost Method (LCM)

The transportation model is used to calculate the minimum cost of the route by selecting different…

Answered: a. Vogel's Approximation Method (VAM)…

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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a. Vogel's Approximation Method (VAM) for initial basic feasible solution b. North West Corner Method (NWCM) c. Least Cost Method (LCM)