XYZ Has Three Supply Chain Locations with Respective Production Capacities

question 21

Multiple Choice

XYZ has three supply chain locations with respective production capacities of an electronic component (Denver,Milwaukee,and Columbia) and three demand locations with their respective demand requirements for that electronic component.The demand requirements,production capacities,and the per-unit transportation costs are tabled in the transportation matrix shown here.Determine the initial shipping cost using the matrix least cost method.

• A)$30,000
• B)$40,000
• C)$24,000
• D)$31,000

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Definitions:

Collectivist Nature

The tendency of cultures or organizations to prioritize the group over individual achievements or desires.

Decision-Making Processes

The series of steps or stages involved in selecting a course of action from among multiple alternatives, typically involving problem identification, analysis, and choosing an option.

Effective Management

The ability of leaders and managers to achieve organizational goals efficiently and effectively through planning, organizing, leading, and controlling resources.

Individualistic Culture

A societal or organizational culture that emphasizes personal freedom, autonomy, and individual achievement over collective goals and cohesion.