In applying Vogel’s approximation method, row and column penalties are determined by:a.finding the largest unit cost in each row or column.b.finding the smallest unit cost in each row or column.c.finding the sum of the unit costs in each row or column.d.finding the difference between the two lowest unit costs in each row and column.

The Vogel's Approximation Method or VAM is an iterative procedure calculated to find out the initial feasible solution of the transportation problem.a.Trueb.Falsec.Can't sayd.None of these

The method of finding initial basic feasible solution that does not take into account the cost of transportation is:       The north west corner method       Least cost method       Vogel approximation method       None of the above

Under the least cost method, allocation is made to a cell that contains:       Least cost per unit       Total least cost per unit       Total least cost per cell       All the above

An opportunity cost table is developed by first subtracting the minimum value in each row from all other row values and then repeating this process for each column.

An opportunity cost table is developed by first subtracting the minimum value in each row from all other row values and then repeating this process for each column. *TrueFalse