Affiliation:
1. Sanjeevanee Mahavidyalaya, Chapoli, Tq. Chakur Dist. Latur, Maharashtra, India
Abstract
In this paper to solve the initial basic solution for transportation problem and Minimizing transportation time and getting optimal solutions are always considered as important factors while solving transportation problem. This paper shows a new approach for finding initial basic solution for transportation problem which reduces cost of transportation more than any transportation method such as Northwest Corner Method(NCM), Least Cost Method(LCM), northwest, Vogel’s approximation, Total Opportunity Cost Matrix-Minimal Total (TOCM-MT) and so on. This method has been illustrated by taking an Numerical example.
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