B Com Exam > B Com Videos > Business Mathematics and Statistics > Transportation Problems - Elements of Operation research, Business Mathematics and Statistics
Transportation Problems - Elements of Operation research, Business Mathematics and Statistics Video Lecture | Business Mathematics and Statistics - B Com
|
115 videos|142 docs
|
FAQs on Transportation Problems - Elements of Operation research, Business Mathematics and Statistics Video Lecture - Business Mathematics and Statistics - B Com
| 1. What is transportation problem in the context of Operations Research? |  |
Ans. Transportation problem is a mathematical model that deals with finding the optimal solution for distributing a certain commodity from a set of sources to a set of destinations, while minimizing the total transportation cost.
| 2. How is the transportation problem solved using Operations Research techniques? | |
Ans. The transportation problem can be solved using various techniques in Operations Research, such as the North-West Corner Method, Least Cost Method, Vogel's Approximation Method, and the MODI (Modified Distribution) Method. These methods help in determining the optimal allocation of resources and minimizing transportation costs.
| 3. What are the key elements of transportation problem? | |
Ans. The key elements of a transportation problem include the set of sources, set of destinations, supply capacity at each source, demand requirement at each destination, and the cost of transportation between sources and destinations. These elements are used to construct the transportation matrix and formulate the problem.
| 4. How does Business Mathematics and Statistics contribute to solving transportation problems? | |
Ans. Business Mathematics and Statistics play a vital role in solving transportation problems. Techniques like linear programming, optimization, and statistical analysis are used to model and solve transportation problems. These methods help in making informed decisions, optimizing resource allocation, and minimizing costs in transportation networks.
| 5. What are the common challenges faced when solving transportation problems? | |
Ans. Some common challenges faced when solving transportation problems include determining the optimal transportation plan, considering constraints such as capacity limitations and demand requirements, dealing with uncertain factors like changing costs or availability of resources, and addressing complex network structures. These challenges often require the application of advanced mathematical and statistical techniques to find feasible and efficient solutions.
Related Exams
About this Video
|
4.93/5 Rating |
|
Dec 23, 2024 Last updated |
Video Description: Transportation Problems - Elements of Operation research, Business Mathematics and Statistics for B Com 2024 is part of Business Mathematics and Statistics preparation.
The notes and questions for Transportation Problems - Elements of Operation research, Business Mathematics and Statistics have been prepared according to the B Com exam syllabus.
Information about Transportation Problems - Elements of Operation research, Business Mathematics and Statistics covers all important topics for B Com 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Transportation Problems - Elements of Operation research, Business Mathematics and Statistics.
Introduction of Transportation Problems - Elements of Operation research, Business Mathematics and Statistics in English is available as part of our Business Mathematics and Statistics for B Com & Transportation Problems - Elements of Operation research, Business Mathematics and Statistics in
Hindi for Business Mathematics and Statistics course. Download more important topics related with notes, lectures and mock test series for
B Com Exam by signing up for free.
Description
Video Lecture & Questions for Transportation Problems - Elements of Operation research, Business Mathematics and Statistics Video Lecture | Business Mathematics and Statistics - B Com - B Com full syllabus preparation | Free video for B Com exam to prepare for Business Mathematics and Statistics.
Information about Transportation Problems - Elements of Operation research, Business Mathematics and Statistics
Here you can find the meaning of Transportation Problems - Elements of Operation research, Business Mathematics and Statistics defined & explained in the simplest way possible.
Besides explaining types of Transportation Problems - Elements of Operation research, Business Mathematics and Statistics theory, EduRev gives you an ample number of questions to practice Transportation Problems - Elements of Operation research, Business Mathematics and Statistics tests,
examples and also practice B Com tests.
|
115 videos|142 docs
|
|
Explore Courses for B Com exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Extra Questions
,Summary
,Free
,Transportation Problems - Elements of Operation research
,Viva Questions
,Transportation Problems - Elements of Operation research
,Exam
,shortcuts and tricks
,mock tests for examination
,practice quizzes
,Business Mathematics and Statistics Video Lecture | Business Mathematics and Statistics - B Com
,study material
,Previous Year Questions with Solutions
,Objective type Questions
,Business Mathematics and Statistics Video Lecture | Business Mathematics and Statistics - B Com
,Important questions
,Business Mathematics and Statistics Video Lecture | Business Mathematics and Statistics - B Com
,Transportation Problems - Elements of Operation research
,MCQs
,video lectures
,Semester Notes
,ppt
,past year papers
,Sample Paper
;
Study Transportation Problems - Elements of Operation research, Business Mathematics and Statistics on the App
Students of B Com can study Transportation Problems - Elements of Operation research, Business Mathematics and Statistics alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Transportation Problems - Elements of Operation research, Business Mathematics and Statistics,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Transportation Problems - Elements of Operation research, Business Mathematics and Statistics is prepared as per the latest B Com syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup