43. Modified Distribution (MODI) Method for Transportation Problem Optimisation

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In this video, we explore the MODI Method for optimizing transportation problems.

We go through a step-by-step guide on how to apply this technique, starting from the initial feasible solution to calculating opportunity costs and adjusting the allocations for the most cost-effective solution.

Whether you're learning about optimization methods or solving real-world logistics problems, this video will help you understand the key concepts of the MODI Method.

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#EJDansu #Mathematics #Maths #MathswithEJD #MODIMethod #TransportationProblem #Optimization #LinearProgramming #OperationsResearch #SupplyChainOptimization #Logistics #Mathematics #CostMinimization #DecisionMaking
  1. Emmanuel Jesuyon Dansu
  2. Modified Distribution
  3. MODI Method
  4. transportation optimization
  5. linear programming
  6. supply chain
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