CD Tutorial 4 The MODI and VAM Methods of Solving Transportation Problems Tutorial Outline MODI METHOD How to Use the MODI Method Solving the Arizona Plumbing Problem with MODI VOGEL’S APPROXIMATION METHOD: ANOTHER WAY TO FIND AN INITIAL SOLUTION DISCUSSION QUESTIONS PROBLEMS T4-2 CD TUTORIAL 4 THE MODI AND VAM METHODS OF SOLVING TRANSPORTATION PROBLEMS This tutorial deals with two techniques for solving transportation problems: the MODI method and Vogel’s Approximation Method (VAM)
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1991 India economic crisis By 1985‚ India had started having balance of payments problems. By the end of 1990‚ it was in a serious economic crisis. The government was close to default‚ its central bank had refused new credit and foreign exchange reserves had been reduced to such a point that India could barely finance three weeks’ worth of imports. The country had to airlift its gold reserves as a pledge with theInternational Monetary Fund (IMF) for a loan.[1] The crisis was caused by currency
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Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a combined sovereign debt crisis‚ a banking crisis and a growth and competitiveness crisis.[8] The crisis made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. Moreover‚ banks in the Eurozone are undercapitalized and have faced liquidity problems. Additionally
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Rationality Breeds Legitimacy In Jurgen Habermas’‚ Legitimation Crisis‚ Western society is examined through a sociological lens to determine whether society is just. In his work‚ Habermas argues that advanced capitalism in Western societies leads to a legitimation crisis. Advanced capitalism displaces crisis tendencies‚ by means of state action‚ from the economic sphere into the socio-cultural sphere. Therefore‚ the legitimacy provided by the cultural sphere is threatened‚ resulting in a loss
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and Consequences of the Spanish Economic Crisis: Why the Recovery is Taken so Long? Summary: Spain is currently facing its worst crisis in the last fifty years. The crisis began as an extension of the international financial crisis‚ but the internal imbalances accumulated in the pre-crisis period aggravated the situation. At present their incomplete adjustment is making difficult the economic recovery. This paper describes the evolution of the economic crisis in Spain. The real estate sector and the
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land. To this day there are still issues trying to be resolved. Twenty years ago‚ the beginning of one of the most violent and intense land disputes in present day Canada occurred. This event is now referred to as the Oka Crisis‚ named after the town Oka in Quebec. This crisis caused a confrontation involving the Quebec provincial police‚ the Canadian armed forces and the Mohawk people.1 The stand that the Mohawk people took in the town of Oka became a major revelation for the aboriginal people spreading
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Is ASEAN prone to Another Financial Crisis: Risk and Policy Challenge? ♣ Bandid Nijathaworn 1. Introduction The last twenty years have been eventful for the economies of ASEAN in terms of financial crisis and policy management. Since the 1990s‚ the region had gone through two major financial crises‚ one as a region where a crisis began while the other as a recipient of a major crisis. Both provide the ASEAN economies with a wide range of valuable policy experience for assessing the region’s
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How trade restrictions lead to food crisis? According to World Bank‚ they blame that the food crisis in Africa are causing by trade barrier. A lot of countries in Africa are restricted importing food from the border. Due to unfertilized land in a lot of parts in Africa‚ it causes people to discourage to be a farmer‚ so the food supply is less. However‚ African population is increasing rapidly. Therefore‚ the demand for food will just keep increasing. As a result‚ the demand
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come face to face with a crisis situation which involves communication or in many instances‚ miscommunication. In some cases this could be rumor control and/or response‚ negative press or even breakdowns in crisis communication response. Whatever the situation‚ even the smallest of communication crisis can overwhelm even the strongest of companies. Crisis communication involves winning as well as keeping the confidence and trust of key factors (media‚ employees‚ management‚ shareholders‚ stakeholder
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clinics that are cancelled are prescribers clinic which are already full‚ you have patients waiting for longer wait times to be seem; We always have a way to work around it but it is the biggest challenge that I encounter. 2. How will you deal with a crisis situation when your boss will not be around?
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