Abstract

Abstract Transportation problem is one of the models of Linear Programming problem. It deals with the situation in which a commodity from several sources is shipped to different destinations with the main objective to minimize the total shipping cost. There are three well-known methods namely, North West Corner Method Least Cost Method, Vogel’s Approximation Method to find the initial basic feasible solution of a transportation problem. In this paper, we present some statistical methods for finding the initial basic feasible solution. We use three statistical tools: arithmetic and harmonic mean and median. We present numerical examples, and we compare these results with other classical methods.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.