What is the optimal location for these departments in the floor plan depicted if the transportation cost is $2 per foot and the departments have a daily number of trips between each other as shown?
Definitions:
Adjusted Cash Balance
A financial metric that reflects the amount of cash available after adjustments, often related to reconciling book and bank records.
Petty Cash Fund
A small amount of cash on hand used for minor or incidental expenses within a business.
Custodian
An individual or entity responsible for safeguarding assets, such as cash or securities, ensuring their safekeeping and proper use.
Journal Entry
A record in the accounting journal that represents a transaction and includes debits and credits.
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