-Refer to the Shipping Costs for the Terra Cotta Company

question 8

Multiple Choice

-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?

• A)The quantity shipped from Birmingham to Madison is more than double the quantity shipped from Brighton to Madison.
• B)The quantity shipped from Danbury to Navarre is more than the quantity shipped from Cairo to Kalamazoo.
• C)The quantity shipped from Birmingham to Madison is less than the quantity shipped from Brighton to Madison.
• D)The quantity shipped from Escondido to Winston is less than the quantity shipped from Danbury to Sacramento.

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Definitions:

Ipads

A line of tablet computers designed, developed, and marketed by Apple Inc., known for their touch screen interface and wide range of applications.

Quantity Demanded

The specific amount of a product consumers desire to buy at a particular price point, illustrating the relationship between price and demand.

Law of Supply

An economic principle stating that as the price of a good increases, suppliers will produce more of it, and as the price decreases, they will produce less.

Quantity Supplied

The total amount of a product that producers are willing and able to sell at a given price over a specified period.