Consider the following transportation problem (cost in rupees). Find the initial solution by using Vogel's Approximation method and perform optimality test using MODI Method Factory D E F G Сараcity A 4 6 8 700 B 3 5 2 5 400 3 9 6. 5 600 Requirement 400 450 350 500 1700

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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.