Volume 65 | Issue 6 | Year 2019 | Article Id. IJMTT-V65I6P517 | DOI : https://doi.org/10.14445/22315373/IJMTT-V65I6P517
In this research, a new approach (Loop Product Difference) for optimizing the initial basic feasible solution of a balanced transportation problem is proposed. The proposed technique has been tested and proven efficient by solving several number of cost minimizing transportation problems and it was discovered that the method gives the same result as that of optimal solution obtained by using MODI/Stepping stone methods. Conclusively, it can be said that proposed technique is easy to adopt and close to optimality if employed with the Inverse Coefficient of Variation Method as an improved technique of obtaining Initial Basic Feasible Solution.
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Opara Jude, Oruh Ben Ifeanyichukwu, Ihekuna Stephen, O., Okenwe Idochi, "A New And Efficient Proposed Approach For Optimizing The Initial Basic Feasible Solution Of A Linear Transportation Problem," International Journal of Mathematics Trends and Technology (IJMTT), vol. 65, no. 6, pp. 104-118, 2019. Crossref, https://doi.org/10.14445/22315373/IJMTT-V65I6P517