-Refer to the shipping costs for The Terra Cotta Company.Solve the transportation problem using Excel Solver.(Remember that in balanced transportation problems all constraints-except the non-negativity constraints of the decision variables-should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution,which of the following statements is true?
Definitions:
Mechanized Work
Work processes that are performed using machinery and equipment to enhance efficiency and productivity.
Plantwide Overhead Rate
A single overhead rate calculated by dividing total factory overhead by the total base units used by all products, applied throughout the entire manufacturing plant.
Overhead Allocation Base
A measure or factor used to distribute overhead costs to products or services, such as machine hours or labor costs.
Machine Hours
A metric used in manufacturing to allocate costs based on the number of hours a machine is operated.
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