Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using MODI transportation method determine the minimum cost of transport and the final distributions. THE COST OF TRANSPORT: CII=30 C12= 30 C21=30 C22=50 C31= 40

Using MODI transportation method determine the minimum cost of transport and the final distributions.

THE COST OF TRANSPORT:

CII=30

C12= 30

C21=30

C22=50

C31= 40

C32=60

K1= K2= SUPPLY

R1= 25

R2= 15

R3= 30

DEMAND 30 40

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Economics

Authors: James Gerber

7th edition

134472098, 134523873, 978-0134472096

More Books

Students also viewed these Economics questions

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago