What is the Stepping Stone Method?
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The Stepping Stone Method is a graphical and iterative approach used to solve transportation problems in operations research. It helps identify the optimal shipping schedule that minimizes transportation costs. The method starts with an initial feasible solution and evaluates potential improvements by examining routes not currently being utilized. By creating a "stepping stone" path, it assesses the impact of shifting shipments from one route to another. The algorithm calculates the cost changes for these adjustments and iteratively modifies the solution until no further cost reductions are possible, leading to the optimal allocation of resources in the transportation model.
The Stepping Stone Method is a technique for optimizing transportation problems by evaluating cost changes from reallocating shipments along paths in the cost matrix to identify improvements.
The Stepping Stone Method is used to find an optimal solution to a transportation problem. It evaluates each unoccupied cell in the cost matrix by tracing a closed loop through basic variables and determining if reallocating units would reduce the overall cost.