Plants in Vienna, Lucerne, Bruhl, and Salzburg produce the same item that is demanded by customers in London, Paris, Milan, and Athens. Customer demand and plant capacity are shown in the bottom row and rightmost column in the table. The cost to ship one unit between each combination of plants and customers is also shown in the table. The corporation wishes to minimize the total transportation costs of this assignment problem. Use the table below to answer the following questions.
-Refer to the scenario above.What of these equations would be part of the appropriate objective function?
Definitions:
Grow
To increase in size, amount, or value over a period of time.
Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, typically used as an indicator of inflation.
Annual Rate of Inflation
The percentage increase in the price level of goods and services in an economy over a year.
Decade
A period of ten years.
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