The Following Table Shows the Unit Shipping Cost Between Cities

question 24

Essay

The following table shows the unit shipping cost between cities, the supply at each origin city, and the demand at each destination city. Solve this minimization problem using the transportation simplex method and compute the optimal total cost. $$\begin{array} { l | c c c c | c } &&&{ \text { Destination } } & \\\text { Origin } & \text { Terre Haute } & \text { Indianapolis } & \text { Ft. Wayne } & \text { South Bend } & \text { Supply } \\\hline \text { St. Louis } & 8 & 6 & 12 & 9 & 100 \\\text { Evansville } & 5 & 5 & 10 & 8 & 100 \\\text { Bloomington } & 3 & 2 & 9 & 10 & 100 \\\hline \text { Demand } & 150 & 60 & 45 & 45 &\end{array}$$

Analyze the significance of the Columbian exchange on both the Old and New Worlds.

Assess the political, economic, and religious motivations behind European expansion in the 15th and 16th centuries.

Understand the outcomes of European and American Indian first contacts and their impacts on both groups.

Examine the role of significant treaties and discoveries in shaping the geopolitical landscape of the New World.

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Definitions:

Break-Even Analysis

An analytical process to determine at what point a business neither makes a profit nor incurs a loss, calculated by equating total costs with total revenues.

Production Supervisor

A production supervisor is responsible for overseeing the daily operations of manufacturing plants, ensuring that production schedules are met and quality standards are maintained.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Sales Mix

The composition of different products or services sold by a company, affecting its overall profitability.