Which of the Following Is Not True About the Transportation

question 56

Multiple Choice

Which of the following is not true about the transportation model as an approach to aggregate operations planning?

• A)It can only be used when there is no hiring or laying off.
• B)It is more complex to solve than a linear programming model.
• C)It requires capacity information.
• D)It assumes linear terms and relationships among variables.
• E)It requires cost information

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Definitions:

Logic Model

A systematic and visual way to present the perceived relationships among the resources, activities, outputs, and outcomes of a program or intervention.

Financial Ratio

A quantitative analysis tool that uses figures from financial statements to assess a company's performance, liquidity, solvency, and profitability.

Standard Run

A term used to describe a typical or routine operation or production process without any special modifications or enhancements.

Inventory

A detailed list of items in stock or the total value of these items for a business.