The Transportation Simplex Method Can Be Applied Only to a Balanced

question 16

True/False

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.

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Definitions:

Political Risk

The potential for losses or other negative impacts to a business resulting from political changes or instability within a country.

Governmental Attitudes

The stance or policy approach adopted by a government towards a particular issue or sector.

Bureaucratic Risk

involves the uncertainties and slowdowns that can occur within an organization due to rigid procedures, policies, and hierarchies.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.