Initial Basic Feasible Solution by Least Cost Method for Transportation Problem

In the Total cost please add 7*20 , final cost is right just not added 7*20 in final cost. This is video about LEAST COST METHOD (LCM) of transportation problem in operations research. Visit our Website for PDF notes on Various topics of Operations Research http://beinggourav.com/ Like and Follow us on Facebook https://www.facebook.com/GouravManjrekarIndia/ Follow us on Google+ https://plus.google.com/115934070532739254719 Follow us on Instagram https://www.instagram.com/beinggourav/ Least cost Method (L.C.M.) This method advocates that allocation should be based on minimum cost of transportation. 1. It says that the First allocation must be made to the cell with the most minimum (least) cost of transportation per unit. In other words, we look at the scheduled of the transport cell and identify the most minimum. 2. After identifying the cell with the least transportation cost, we next make maximum allocation to the cell without violating both supply and demand restriction. 3. Repeat above steps until all supply and demand are satisfies.  Note:In case of tie among minimum cost, select the cell for allocation where maximum unit can be allocated. Facebook page link: https://www.facebook.com/GouravManjrekarIndia/ Website link: http://beinggourav.com Useful for #MBA, #BBA BE( Mechical),#MCA, #ca #b.com students. -~-~~-~~~-~~-~- Please watch: "UNBALANCED ASSIGNMENT PROBLEM IN OPERATION RESEARCH | USING HUNGARIAN METHOD | Lecture 03" https://www.youtube.com/watch?v=49R8QHUFSAg -~-~~-~~~-~~-~-