Which of the following is an iterative process that will enable us to move from an initial feasible solution to finding an optimal solution to the transportation problem?

A. matrix least cost method
B. matrix maximum profit method
C. northwest corner rule
D. stepping stone method


D. stepping stone method

Business

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Many banks use automated _____  to determine a client's creditworthiness.

Fill in the blank(s) with the appropriate word(s).

Business

Which is true regarding walk-in service at the service desk.

A. To make walk-in service more efficient and effective, many service desks set up a counter to handle these contacts. B. Walk-in service to a service desk is very effective, as customers may choose any analyst who is not currently working with a customer when the customer walks in. C. If service desks offer service to walk-in customers, the customers are usually helped in order of the priority of their incident or request. D. It is not best practice for service desks to offer walk-in service, as the cost per contact is too high, and it distracts analysts from answering the phones.

Business

In a normal cost system, factory overhead is assigned to an overhead control account and then allocated to products and services

Indicate whether the statement is true or false

Business

Which of the following should be included in the acquisition cost of a piece of equipment?

A) transportation costs B) installation costs C) testing costs prior to placing the equipment into production D) all are correct

Business