The Transportation Simplex Method Is More Efficient Than General-Purpose Linear

question 27

True/False

The transportation simplex method is more efficient than general-purpose linear programming for solving large-sized transportation problems.

---

Definitions:

Endowment

Refers to the total resources available to an individual or institution, including talents, wealth, and assets.

Normal Goods

Goods for which demand increases when consumer income rises, and decreases when consumer income falls, showing a direct relationship between income and demand.

Full Income

The total earnings, including all sources of income and gains, not just wages from employment.

Dividend Income

Income received from owning shares of a company, typically paid out from the company's profits to shareholders at regular intervals.