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The Transportation Simplex Method Can Be Applied Only to a Balanced

question 16

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The transportation simplex method can be applied only to a balanced problem; if a problem is not balanced,a dummy origin or dummy destination must be added.


Definitions:

Risk Profile

A risk profile assesses the willingness and ability of an individual or entity to take risks, often used in financial planning to tailor investment strategies.

Futures Contract

A uniform agreement to engage in a purchase or sale at a future time, with the price established beforehand.

Foreign Exchange Exposure

The risk associated with changes in foreign exchange rates affecting the value of investments held in foreign currencies.

Derivatives

Financial instruments whose value is based on the value of another asset, such as futures, options, and swaps.

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