Business Studies, asked by mithileshmondkar99, 7 months ago

To find intial feasible solution of a transportation problem the method which starts with allocation from the lowest level is called?​

Answers

Answered by SajalHonrao
0

Answer:

(2014) proposed a method called “Advanced Vogel's Approximation Method (AVAM)” to overcome the difficulty arising in case that the lowest cost and the next lowest cost is the same in the VAM method.

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Answered by joyjose5697
0

Answer:

To find the initial feasible solution of a transportation problem the method which starts with allocation from the lowest method is called the LCM or Lowest Cost Method.

Explanation:

When valuing a company's stock, the decrease of price or marketplace (LCM) approach stipulates that it's far recorded at the stability sheet at both the ancient price or the marketplace value. The ancient price of stock pertains to the fee at which it became bought.

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