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The North-West Corner Method is an algorithm used to solve transportation problems in operations research. It aims to distribute goods cost-effectively from suppliers to consumers, starting at the cost matrix's north-west corner and allocating resources to minimize total transportation costs while adhering to supply and demand constraints. This method is a stepping stone to more advanced optimization techniques and is essential for logistics and supply chain management.
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The North-West Corner Method is an algorithm used in operations research to solve transportation problems
Straightforward approach
The North-West Corner Method is appreciated for its straightforward approach, starting at the 'north-west' corner of a cost matrix
Minimization of total transportation cost
The primary goal of the North-West Corner Method is to minimize the total transportation cost while satisfying supply and demand constraints
Applicability in various industries
The North-West Corner Method is utilized in various sectors, including logistics, supply chain management, and network design
Transportation problems are typically modeled using linear programming to minimize total transportation cost while meeting supply and demand constraints
The North-West Corner Method involves a sequential process of allocating resources starting at the north-west corner of the cost matrix
In unbalanced transportation problems, a dummy row or column with zero cost is added to balance the problem before applying the North-West Corner Method
Effective application of the North-West Corner Method requires meticulous attention to accuracy and a systematic approach to the allocation process
While the North-West Corner Method is simple and widely applicable, it is not guaranteed to produce the optimal solution
The North-West Corner Method is often used as a preliminary step before applying more sophisticated optimization methods
Mastery of the North-West Corner Method, particularly in handling unbalanced problems, is crucial for those engaged in complex resource allocation and logistics planning
00
The ______-______ Corner Method is a technique used in ______ ______ to address transportation issues.
North-West
operations research
01
The main objective of this method is to reduce the overall ______ ______ while adhering to the supply and demand ______.
transportation cost
constraints
02
Objective of transportation problem in LP
Minimize total transportation cost, function Z = sum of c_ij * x_ij for all sources i and destinations j.
