A Change in Sales Can Affect Margin and Turnover

question 14

True/False

A change in sales can affect margin and turnover

Understand and apply the intuitive method to construct an initial feasible solution.

Explain the function and implementation of the stepping-stone method.

Distinguish between feasible and optimal solutions in transportation problems.

Understand the implications of supply-demand imbalance and the necessity of dummy destinations or sources.

---

Definitions:

Telephone Sales

A method of direct marketing in which salespeople use telephone calls to contact prospective customers and sell products or services.

Rationality

The quality of being based on or in accordance with reason or logic, often guiding decision-making processes.

Planning And Efficiency

The process of organizing activities in a way that maximizes productivity and minimizes waste or unnecessary effort.

Rational-Legal Authority

A form of leadership in which authority is legitimized by legal rules and regulations that are formally established.