A New Method to Obtain an Initial Basic Feasible Solution of Transportation Problem with the Average Opportunity Cost Method

Abstract

In this preset article, we have explained all new method to get Initial Basic Feasible solution (IBFS) of Transportation Problem (TP) with the Average Opportunity Cost Method (AOCM). It is very simple arithmetical and logical calculation.After finding the IBFS we use Modified Distribution Method (MODI) method to optimize the IBFS. Results obtained by using this method we found that IBFS of most of the transportation problem closer to optimal solution than using the other existing methods. We illustrate the same by suitable examples.