The Objective of a Facility Location Problem Is to Minimize

question 28

Short Answer

The objective of a facility location problem is to minimize ________.

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Definitions:

Payable

Refers to an amount of money that is owed by a person, company, or organization to another entity and is due to be paid.

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person or entity.

Issued

Released or distributed officially by an authority, such as documents, currency, or rulings.

Bank Clears

The process by which a bank processes transactions and settles payments between parties.