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What is Opportunity Cost in Transportation Model about?

The document presents an optimal transportation problem with 4 factories (A, B, C, D) and 3 markets (X, Y, Z). It provides the production capacity of each factory and demand at each market. The transportation cost matrix is also given. To solve the problem, a dummy column is added to balance total availability and demand. The basic feasible solution is obtained using the stepping stone method, which involves calculating opportunity costs and iteratively allocating loads. The optimality of this solution is t

Author

deepak

Language

EN