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  1. University of Computer Studies, Yangon
  2. Journals

Analysis of Minimizing the Transportation Cost using Least Cost and Vogel's Approximation Methods

http://hdl.handle.net/20.500.12678/0000004374
http://hdl.handle.net/20.500.12678/0000004374
2c516bb7-ebba-470e-b4d3-ae3c909ccb58
e26ea70d-f525-4fe0-86e0-bf06fc3daa44
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NJPSC NJPSC 2019 Proceedings-pages-151-156.pdf (674 Kb)
Publication type
Article
Upload type
Publication
Title
Title Analysis of Minimizing the Transportation Cost using Least Cost and Vogel's Approximation Methods
Language en_US
Publication date 2019-03
Authors
Htun, Aung Phyu Phyu
Kyi, Khin Than
Description
In industries, raw material (finished products)is transported from factories to warehouses, whichinvolves transportation cost. To reduce this cost,transportation methods are used. In Mathematics andEconomics, transportation theory is the name givento the study of optimal transportation and allocationof resources. Transportation methods are stronglyrecommended to minimize the transportation cost.Transportation models application is very helpful toorganize the process of goods distribution. Thispaper analyses on minimizing the transportation costbased on Least Cost and Vogel's ApproximationMethods. By analyzing differences between these twomethods such as number of iterations, runtime, initialsolution and optimal solution, we can know whichmethod is more effective.
Keywords
transportation cost, problem solving, computational mathematics, Vogel's approximation, minimum cost
Identifier http://onlineresource.ucsy.edu.mm/handle/123456789/2311
Journal articles
National Journal of Parallel and Soft Computing
Conference papers
Books/reports/chapters
Thesis/dissertations
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