ON A NEW SOLUTION OF THE TRANSPORTATION PROBLEM
Abstract
The transportation problem plays a vital role in industry, commerce, logistics etc. To maximize profit, organizations are always looking for better ways to curtail cost and improve revenue. Basically, the standard solution of a transportation problem is a two-stage process. First is to find an initial basic feasible solution and secondly, perform optimality test to improve the solution. This process is tiring and time wasting. In this study, a new solution is introduced which overcomes the two-stage process and solves the transportation problem in a one stage process.In most instances the method was able to give an optimal solution.
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