(b) TENTHDATE:FONFind an initial solution to the following transportation problend1.ToLos AngelosPanama CityFromCalgery$18SupplyMexico City#6100Detroit$14$3$1960Ottawa$ 20$ 10$24Demand508070(a) Ose the northenest - corner rule method. What is it's the total cost ?() Use the intuitive lowest cost approach. what is it's the total cost ?(c)Using- stone mathod, find the optimal sol ution. Compute the totalthestoppingrost.

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Answered: (a) Use the northenest -corner rule…

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(a) Use the northenest -corner rule method. What is it's the total cost ?

Practical Management Science

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ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

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Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.

Question

(b)

TENTH
DATE:
FON
Find an initial solution to the following transportation problend
1.
To
Los Angelos
Panama City
From
Calgery
$18
Supply
Mexico City
#6
100
Detroit
$14
$3
$19
60
Ottawa
$ 20
$ 10
$24
Demand
50
80
70
(a) Ose the northenest - corner rule method. What is it's the total cost ?
() Use the intuitive lowest cost approach. what is it's the total cost ?
(c)
Using
- stone mathod, find the optimal sol ution. Compute the total
the
stopping
rost.

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