-Refer to the Shipping Costs for The Allied Motors 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,the cost of shipping from Lowell to Mobile is approximately ______.
Definitions:
Insured's Interest
The stake or financial interest that an insured person has in the safety and preservation of the covered object against loss or damage.
Fire Insurance Policy
A contract between an insurer and policyholder that provides coverage against fire damage to property or goods.
Transferring Risk
The act of shifting the potential for loss or damage from one party to another, often achieved through insurance contracts or hedging.
Shifting Liability
The act of transferring the responsibility for a loss or damage from one party to another.
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