13. Least Cost Method (Transportation Model) || Transport Planning Problem In Excel | Bangla
13. Least Cost Method (Transportation Model) || Transport Planning Problem In Excel | Bangla
Definition:
1.The Least Cost Method is another method used to obtain the initial feasible solution for the transportation problem.
2.Here, the allocation begins with the cell which has the minimum cost.
3.The lower cost cells are chosen over the higher-cost cell with the objective to have the least cost of transportation.