A Firm Has 4 Plants That Produce Widgets The Firm Needs to Satisfy All Demand Each Day, but B

question 58

Multiple Choice

A firm has 4 plants that produce widgets. Plants A, B, and C can each produce 100 widgets per day. Plant D can produce 50 widgets per day. Each day, the widgets produced in the plants must be shipped to satisfy the demand of 3 customers. Customer 1 requires 75 units per day, customer 2 requires 100 units per day, and customer 3 requires 175 units per day. The shipping costs for each possible route are shown in the table below:
$\begin{array}{c}Shipping~ Costs&&&Customer\\per~unit~Plant&&1&2&3\\\mathrm{A} && \$ 25 & \$ 35 & \$ 15 \\\mathrm{~B} && \$ 20 & \$ 30 & \$ 40 \\\mathrm{C} && \$ 40 & \$ 35 & \$ 20 \\\mathrm{D} && \$ 15 & \$ 20 & \$ 25\end{array}$
The firm needs to satisfy all demand each day, but would like to minimize the total costs.
The firm's problem falls within which classification?

• A) Resource-allocation
• B) Cost-benefit-trade-off
• C) Transshipment problems
• D) Transportation problems
• E) Assignment problems

Comprehend the evolution of labor relations systems, notably in Australia and the former Soviet Union.

Grasp the effects of cultural and legal protections on union resistance to workplace changes.

Identify the significance of enterprise unionism in Japan and its effects on labor relations.

Learn about the influence of governmental control on unions in select labor systems.

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Definitions:

Old Northwest

A historical term for the territorial region of the United States northwest of the Ohio River, encompassing states like Ohio, Indiana, Illinois, Michigan, Wisconsin, and parts of Minnesota.

Mississippi River

One of the largest river systems in North America, flowing southwards for over 2,300 miles from its source in Minnesota to the Gulf of Mexico, serving as a vital waterway for transportation, commerce, and ecology.

Treaty

A formal and legally binding agreement between two or more sovereign states or international organizations.

War of 1812

The War of 1812 was a conflict fought between the United States and Britain over issues including trade restrictions and the impressment of American sailors, culminating in no significant territorial changes.