Which of the Following Methods Involves First Allocating Shipping Units

question 53

Multiple Choice

Which of the following methods involves first allocating shipping units to the northwest (top left-hand) corner of the transportation matrix and then proceeding systematically by making allocations of shipping units to cells along either a row or column until the bottom right-hand corner of the matrix is reached?

• A)matrix least cost method
• B)matrix maximum profit method
• C)northwest corner rule
• D)stepping stone method

---

Definitions:

Forward Contract

A financial agreement to buy or sell a specific asset at a predetermined price at a set time in the future.

Fair Value Hedge

A financial strategy used to offset the risk of changes in the fair value of a recognized asset or liability or an unrecognized firm commitment.

Rupee

The official currency of India, also used in other South Asian countries but may differ in value.