Topic: Vogel's Approximation Method
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Answers to Common Questions
What is the advantage of Vogel approximation method?
VAM is an improved version of the least-cost method that generally, but not always, produces better starting solutions. VAM is based upon the concept of minimizing opportunity (or penalty) costs. The opportunity cost for a given supply row ... Read More »
Source: http://wiki.answers.com/Q/What_is_the_advantage_of_Vogel_approxim...
Who developed Vogel's approximation method?
Vogel's approximation method was developed by William R. Vogel. Read More »
Source: http://wiki.answers.com/Q/Who_developed_Vogel's_approximation_met...
What is Vogel's Approximation method in Industrial management?
Vogel's approximation method is a mathematical technic to solve logistics related problems. For example, there are 3 factories supplying to 4 warehouses. we have the data of each factories production capacity, demand of each warehouse and t... Read More »
Source: http://wiki.answers.com/Q/What_is_Vogel's_Approximation_method_in...
More Common Questions
Answers to Other Common Questions
I've developed new modification over VAM.
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Source: http://wiki.answers.com/Q/How_do_you_solve_vogel's_approximation_...
A surveyor who measures a plot of land shaped like a quadrilateral has to record the sizes of eight separate angles. These angles exist between the quadrilateral's sides and its diagonals. In theory, these angles should obey the mathematica...
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Source: http://www.ehow.com/how_12103283_adjust-quadrilateral-approximate...
Transaction analysis
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Source: http://wiki.answers.com/Q/What_is_a_method_of_approximating_cost_...
5.6569
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Source: http://wiki.answers.com/Q/What_is_Newton's_method_of_approximate_...
you count how many cats are in the custard pot
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Source: http://wiki.answers.com/Q/How_is_approximate_quantities_method_us...
it is unstable as an approximation method due to round-off errors involved and the fact that it involves taking a limit of h->0. Doing this for an iteration method is a really bad idea because as h gets very close to 0, say h=1x10-10, f(x0+...
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Source: http://wiki.answers.com/Q/Why_numerical_differentiation_unstable_...
Newton's method or Newton-Raphson method is a proc...
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Source: http://www.chacha.com/question/what-is-the-method-for-approximati...
