Examlex
The estimated mean time for an activity with a most likely time (m) equal to 12 weeks,an optimistic time (a) equal to 9 weeks,and a pessimistic time (b) equal to 18 weeks is
Transportation Model
A mathematical technique used for determining the optimal transportation route or method for minimizing cost and maximizing efficiency.
Optimum Solution
refers to the most favorable or best possible outcome or solution among various possibilities, often in the context of problem-solving or decision-making.
Minimization Problem
A type of optimization issue aimed at finding the lowest possible value of a function given a set of constraints.
Northwest-Corner Rule
A method used in transportation problems of linear programming to find an initial feasible solution by starting allocations from the top left (northwest) corner of a cost matrix.
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