In Which of the Following Situations Should We Not Use

question 18

Multiple Choice

In which of the following situations should we not use the transportation method of linear programming?

• A) To find a new site location for a plant
• B) To minimize costs of shipping n units to m destinations
• C) To maximize profits of shipping n units to m destinations
• D) To determine which corner of a street intersection to locate a retail service facility
• E) To locate a finished goods distribution warehouse

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Definitions:

Consumer Price Index

A metric assessing the weighted average cost of a selection of consumer items and services like food, transportation, and medical services, utilized to determine the inflation level.

Inflation Rate

measures the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Consumer Price Index

An indicator that assesses the typical shift through time in the expenses urban purchasers face for a predetermined array of consumer items and services.

Inflation Rate

The percentage increase in the general level of prices for goods and services over a period.