TITLE:
New Approach to Find Initial Basic Feasible Solution (IBFS) for Optimal Solution in Transportation Problem
AUTHORS:
Shubham Raval
KEYWORDS:
Transportation Problem, New Approach for Transportation Problem, Initial Basic Feasible Solution, Minimizing, Transportation Time
JOURNAL NAME:
Open Journal of Applied Sciences,
Vol.13 No.2,
February
24,
2023
ABSTRACT: Minimizing transportation time and getting optimal solutions are always considered as important factors while solving transportation problem. This paper
shows a new approach for finding initial basic solution for transportation
problem which reduces cost of transportation more than any transportation
method such as LCM, northwest, Vogel’s approximation and so on. This method has
been illustrated by taking an example; afterwards, it compares basic initial
feasible solution with other methods IBF and optimal dictate solutions such as MODI and
Steppingstone method.