Question: Please answer What is the basic difference between North-west Corner rule, and Least Cost method? Find out the transportation costs for both the models. Please

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What is the basic difference between North-west Corner rule, and Least Cost method? Find out the transportation costs for both the models. Please note that you do not need to draw the table but show the calculation.

A dairy firm has three plants located throughout a state. Daily milk production at each plant is as follows: Plant 1: 6 million litres; Plant 2: 1 million litres and Plant 3: 10 million litres Each Day the firm must fulfil the needs of its distribution centres. Minimum requirement at each centre is as follows: Distribution centre 1: 7 million litres Distribution centre 2: 5 million litres Distribution centre 3: 3 million litres Distribution centre 4: 2 million litres Cost of shipping one million litres of milk from each plant to each distribution centre is given in the following table in hundreds of BDT. Find its initial basic feasible solution by North-west Corner rule, and Least Cost method

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