-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 total cost of shipping from all plants to Newark is ______.
Definitions:
Profit Center
A branch or division of a company that is accounted for on a standalone basis for profit calculation.
Cost Center
A segment of a company that does not directly generate revenue but incurs costs, focusing on controlling expenses and efficiency.
Generate Revenue
The process of earning money from business activities, including sales of goods or services.
Gross Profit
The financial metric resulting from subtracting the cost of goods sold from sales revenue, indicating the efficiency of a company in managing its production and sales.
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