Operations reserach (O.R.) is an analytical method of problem solving and decision-making, that is useful in management organisations.

**Operations
Research**

**Introduction**

Operations reserach (O.R.) is an analytical method of problem solving and decision-making, that is useful in management organisations. The transportation problem involves certain origins (sources) which may represent factories where we produce homogeneous items and a number of destinations where we supply a required quantity of the products. Each factory has a certain capacity constraint and each destination (dealer or customer) has a certain requirement. The unit cost of transportation of the items from the factory to the dealer/ customer is known. American mathematician and physicist Frank Lauren Hitchcock (1875-1957) known for his formulation of transportation problem in 1941.

Tags : Operations Research , 12th Business Maths and Statistics : Chapter 10 : Operations Research

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12th Business Maths and Statistics : Chapter 10 : Operations Research : Introduction | Operations Research

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