Find the minimum cost solution for the transportation problem detailed in the table below. Explain carefully the meaning of any quantity in a "dummy" row or column
What will be an ideal response?
The optimum solution, which costs $1370, appears in the solution below. A dummy source row was added since total supply was less than total demand. Thirty units are shipped from Dummy to Destination 3. This means that Destination 3 does not receive 30 units that it demanded. The dummy row can be interpreted as unfilled demand, or shortfall.
Shipments Dest 1 Dest 2 Dest 3 Row Total
Source 1 0 0 20 20
Source 2 25 0 5 30
Source 3 15 60 0 75
Dummy 0 0 30 30
Col. Total 40 60 55 155 \ 155
Total Cost $1370
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Some bonds mature in installments. If a bond issue contains this feature, the bonds are known as:
A. serial bonds. B. callable bonds. C. convertible bonds. D. secured bonds.
The difference between the price consumer's pay and the amount they would actually have been willing to pay to obtain the benefits is known as ____________
a. net value b. gross value c. consumer surplus d. moderate value e. consumer demand
Provide examples of negligence or misrepresentation?
What will be an ideal response?
Bellair Company produces a product that has manufacturing cost of $30 per unit. Bellair's policy is to charge a price equal to cost plus 30%. The 30% is pure profit to Bellair
Indicate whether the statement is true or false