Department of Mathematics, Dr. N.G.P. Arts and Science College, Coimbatore, Tamilnadu, India
Online published on 24 October, 2017.
Solving transportation problem using the new technique, results in minimum transportation cost than the least cost method (Either less than or equal to minimum cost of LCM). It is illustrated by considering a numerical example. The solution obtain by this method is very close to the exact solution.
Least Cost Method, Optimal Solution, Reduction Method