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Consider the transportation problem and its optimal solution in the tables below. The cell Source 3 - Destination 3 is currently empty. What would be the change in the total shipping cost if the largest possible amount were shipped using that route, leaving all the supply and demand conditions unchanged?
Global Company
a business that operates in multiple countries around the world, often managing production, marketing, and distribution on an international scale.
Joint Venture
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.
Licensing
An agreement whereby a licensee obtains the rights to use the licensed property of a licensor under specified conditions, often seen in software, franchise businesses, and intellectual property.
Local Market
A market within a specific geographical area where goods and services are exchanged within the local community.
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