A Work on New Method to Find Initial Basic Feasible Solution of Transportation Problem in Contrast to Existing Methods

In the present paper, we focused on finding an initial basic feasible solution for transportation problems. The new method is compared to four different proposed mean methods namely, Proposed Arithmetic Mean (PAM), Proposed Harmonic Mean (PHM), Proposed Geometric Mean (PGM) and Proposed Quadratic Mean (PQM) methods along with existing traditional methods like North West Corner Method (NWCM), Least Cost Method (LCM) and Vogel Approximation Method (VAM). Also, the deviation percentage of the outcomes has been figured out in contrast to distinct methods. The approach thus developed, involves elementary arithmetic and statistics, which could be of keen interest even for beginners and is beneficial to decision makers dealing with the problem of supply chain as well as logistics. Suitable examples are given for examining optimality and to validate the results obtained.