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  1. Apr 25, 2020 · #vogelsapproximationmethod Here is the video about Transportation Problem in Modi Method or we can U-V Method using Vogel's Approximation Method (VAM), optim...

    • 18 min
    • 1.6M
    • Start Practicing
  2. The approximation method according to Vogel is a heuristic procedure that is mainly used in distribution logistics, for example to solve a transport problem. It belongs to the field of mathematically oriented statistics, also called operations research.

  3. Vogel’s Approximation Method (VAM) is the more efficient algorithm to solve the transportation problem but it has some limitations when highest penalty cost appear in two or more row or column.

  4. Apr 27, 2019 · UNBALANCED transportation problem using Vogel's Approximation method with an Example by G N Satish KumarIn this video, I have explained solving UNBALANCED Tr...

    • 15 min
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    • My Easy Statistics
  5. Jul 24, 2019 · The Vogel's approximation method (VAM) usually produces an optimal or near- opt imal starting . solution. One study found that VAM yields an optimum solution in 80 percent of the sample .

  6. Solve transportation problem using vogel's approximation method. Initial basic feasible solution by Method : 1. North-West corner method 2. Least cost method 3. Vogel's approximation method 4. Row minima method 5. Column minima method 6. Russell's approximation method 7. Heuristic method-1 8.

  7. Vogel's Approximation Method (VAM) method works on the concept of Opportunity or Penalty cost. Opportunity cost is the penalty occurring for not selecting the right cell for the allocation. We will learn how to find Opportunity cost later in this note only, while going through different steps of the numerical presented here.