A Minimum Cost Network Flow Model (MCNFM)has the Following Advantage

question 32

Multiple Choice

A minimum cost network flow model (MCNFM) has the following advantage relative to the special case of a simple transportation model.

• A)A MCNFM does not require capacity restrictions on the arcs of the network.
• B)The flows in a general MCNFM don't all necessarily have to be from supply locations to demand locations.
• C)A MCNFM is generally easier to formulate and solve.
• D)All of these choices are advantages.

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Definitions:

Business Judgement Rule

A legal principle that protects corporate directors and officers when making business decisions, assuming they act in good faith and in the best interest of the corporation.

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Individuals appointed by a company's board of directors who are responsible for managing the daily operations and executing the strategic plans of the corporation.

Directors

Individuals elected by shareholders to oversee and make policy decisions for a corporation, setting its strategic direction and ensuring governance.

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A decision-making process where the outcome is determined by more than half of the votes cast by a group.