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Operations Management
From To W Y Z Demand A $4 $6 $8 30 B $3 $7 $2 65 с $3 $6 $5 40 Capacity 35 50 50 135

From To W Y Z Demand A $4 $6 $8 30 B $3 $7 $2 65 с $3 $6 $5 40 Capacity 35 50 50 135

Practical Management Science
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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Referring to the above problem, solve it by the vogel approximation method and stepping stone to find the optimal solution

From To W Y N Demand A $4 $6 $8 30 B $3 $7 $2 65 с $3 $6 $5 40 Capacity 35 50 50 135
Transcribed Image Text:From To W Y N Demand A $4 $6 $8 30 B $3 $7 $2 65 с $3 $6 $5 40 Capacity 35 50 50 135
Expert Solution
INTRODUCTION

Using any of the methods, such as the North-West Corner, Least Cost Method, or Vogel's Approximation Method, the Stepping Stone Method is used to verify the optimality of the original viable solution. In light of the objective function, the stepping stone approach is a way of determining the potential of any non-basic variables (empty cells). We calculate the impact on the transportation cost of assigning one unit to the vacant cell using the stepping stone approach. This approach allows us to determine if the answer is optimum or not.

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