1Research Scholar, Department of Mathematics, St. Peter's Institute of Higher Education and Research, India
2Professor, Department of Mathematics, St. Peter's Institute of Higher Education and Research, India
3Assistant Professor Department of Mathematics, St. Peter's College of Engineering and Technology, India
*Corresponding Author: gayu790@gmail.com
Online published on 21 August, 2018.
In transportation problem the main requirement is to find the Initial Basic Feasible Solution for the transportation problem. The objective of the transportation problem is to minimize the cost. In this paper, a new algorithm (i.e.) Row Implied Cost Method(RICM) which is proposed to find an initial basic feasible solution for the transportation problem. This method is illustrated with numerical examples.
Transportation Problem, Transportation Cost, Initial Basic Feasible Solution, Optimal Solution