Examlex
The transportation model method for evaluating location alternatives minimizes total:
Capital Intensive
A description of industries or businesses that require large investments in capital assets to produce goods or services.
Variable Cost
Costs that change in proportion to the level of production or activity within a company.
Long Run
A time period in economics during which all inputs or factors of production can be varied, and no costs are fixed.
Expenditures
Money spent on goods, services, or other expenses by individuals, businesses, or governments.
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