Implied Cost Method (ICM): An Alternative Approach to Find the Feasible Solution of Transportation Problem

Authors

  • Md. Abu Helal

  • Md. Ashraful Babu

  • Mohammad Sazzad Hasan

  • Utpal Kanti Das

Keywords:

transportation problem (TP), ICM, LCM, VAM, feasible solution, optimal solution

Abstract

Transportation Algorithm uses for solving Transportation Problem to find feasible solution which may optimal or not. This is now a challenge that developed such an algorithm which gives optimal solution without using Optimality Methods like as MODI, Stepping-Stone. For this reason there are several transportation algorithm exists for solving TP like as North West Corner Rule (NWC), Least Cost Method (LCM), Vogels Approximation Method (VAM) etc. where VAM provides the feasible solution which is lower than NWC and LCM and for some case of TP it coincides with optimal solution. In this paper we proposed a new approach named Implied Cost Method (ICM) where feasible solutions are lower than VAM and very close to optimal solution or sometimes coincides with optimal solution.

How to Cite

Md. Abu Helal, Md. Ashraful Babu, Mohammad Sazzad Hasan, & Utpal Kanti Das. (2014). Implied Cost Method (ICM): An Alternative Approach to Find the Feasible Solution of Transportation Problem. Global Journal of Science Frontier Research, 14(F1), 5–13. Retrieved from https://journalofscience.org/index.php/GJSFR/article/view/1237

Implied Cost Method (ICM): An Alternative Approach to Find the Feasible Solution of Transportation Problem

Published

2014-01-15