Examlex

Solved

In a Transportation Problem,if It Costs $4 Per Item to Ship

question 85

True/False

In a transportation problem,if it costs $4 per item to ship up to 200 items between cities,and $2 per item for each additional item,the proportionality assumption of LP is satisfied.


Definitions:

Value in Use

The utility of a product based on its ability to fulfill the needs of the user.

Value in Exchange

The worth of a good or service in comparison to other goods or services in the context of trade or commerce.

Marginal Utility

The extra pleasure or advantage gained from using an additional unit of a product or service.

Dozen Oysters

A quantity of twelve oysters, often used as a standard unit of sale in seafood markets.

Related Questions