Consider the Transportation Problem in the Data Set and Optimal

question 25

Short Answer

Consider the transportation problem in the data set and optimal solution below. Calculate improvement indices on each empty cell. Is this solution optimal? $\begin{array}{|l|r|r|r|r|r|}\hline \text { COSTS } & \text { Dest. 1 } & \text { Dest 2 } & \text { Dest. 3 } & \text { Dest. 4 } & \text { Supply } \\\hline \text { Source 1 } & 12 & 18 & 9 & 11 & 105 \\\hline \text { Source 2 } & 19 & 7 & 30 & 15 & 145 \\\hline \text { Source 3 } & 8 & 10 & 14 & 16 & 50 \\\hline \text { Demand } & 80 & 60 & 70 & 90 & 300/300 \\\hline\end{array}$

$\begin{array}{|lrrrrr|}\hline \text { Shipments } & \text { Dest. 1 } & \text { Dest. 2 } & \text { Dest. 3 } & \text { Dest. 4 } & \text { Row Total } \\\text { Source 1 } & 30 & 0 & 70 & 5 & 105 \\\text { Source 2 } & 0 & 60 & 0 & 85 & 145 \\\text { Source 3 } & 50 & 0 & 0 & 0 & 50 \\\text { Col. Total } & 80 & 60 & 70 & 90 & 300 \backslash 300 \\\hline\end{array}$

Differentiate between various selling strategies such as partnership selling, seminar selling, and conference selling.

Recognize the importance of cross-functional teams in developing comprehensive sales strategies.

Understand the methods used for prospecting and lead generation in sales.

Associate the use of specialized sales approaches with specific types of products and industries.

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Definitions:

Performance Management

The process of ensuring employees meet set objectives, which includes planning, monitoring, and reviewing employee performance.

Contextual Performance

The aspect of an employee's performance that involves interpersonal and organizational skills, supporting the social and psychological environment of the workplace.

Performance Appraisals

A systematic evaluation of an employee's job performance and productivity in relation to pre-determined criteria and objectives.

Strategic Objectives

Specific, measurable goals aligned with an organization's strategic plan, aimed at achieving its long-term vision.