PRIORTY LEAST COST METHOD FOR SOLVING TRANSPORTATION PROBLEMS

Abstract

This study presents a Priority Least Cost Method (PLCM) for solving transportation problems and obtaining the Initial Basic Feasible Solution (IBFS). The primary objective of the transportation model is to reduce the overall transportation cost. The proposed technique is compared with traditional approaches such as the North-West Corner Method (NWCM) and Least Cost Method (LCM). The comparison indicates that the proposed method provides improved results and reaches the solution more efficiently. The algorithm is simple, fast, and effective for finding an initial feasible solution in a short time.

Keywords : Modified LCMs method, Balanced transportation problem.