Operations Research Tutorial #55: MODI Method Explained in 3 Easy Steps + Shortcut Tricks [1of4]

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Hello I'm Sujoy,this is my another exciting video on Operations Research(OR). Today I'll tell you how to solve a 5x5 Transportation Problem by MODI Method or Modified Distribution Method. I'll explain everything about MODI method in this video and tell you some cool shortcut techniques to find the optimal solution quickly.
This video is divided in 4 parts,this is the Part 1.
Link to part 2- • Operations Research Tu...
Topics explained in this video-
1. Concept of Supply & Demand in Transportation Problem + Row Value and Column value
2. Allocation cost and transportation cost
3. Definition of Modified Distribution Method or MODI Method
4. How to calculate Initial Basic Feasible Solution or IBFS of a Transportation Problem?
5. Checking for Degeneracy
6. Performing Optimality Test for Occupied Cells or Basic Cells by ui+vj method
7. Calculating Opportunity Cost for Unoccupied Cells or Non-Basic Cells by Delta ij method
8. Rules for calculating Opportunity Cost by MODI Method
9. Looping and Reallocation in Transportation Problem
10. Rules for making Loops
11. How to break a tie for multiple occurrences of most negative Delta ij value
12. Shortcut technique for Checking for optimality for the newly formed cost matrix
13. Finding Optimal Allocations and Optimal Transportation Cost
That's it for now! How is the video? Let me know.
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