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The Least Cost Method is another method used to obtain the initial feasible solution for the transportation problem. Here, the allocation begins with the cell which has the minimum cost. The lower cost cells are chosen over the higher-cost cells with the objective to have the least cost of transportation.a.Trueb.Falsec.Can't sayd.None of these

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The Least Cost Method is another method used to obtain the initial feasible solution for the transportation problem. Here, the allocation begins with the cell which has the minimum cost. The lower cost cells are chosen over the higher-cost cells with the objective to have the least cost of transportation.a.Trueb.Falsec.Can't sayd.None of these

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Solution

a. True

Similar Questions

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

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A minimum-cost flow problem is a special type of:A) linear programming problem.B) transportation problem.C) spanning tree problem.D) transshipment problem.E) maximum flow problem.

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