Table 13.11 The Neale Company Has Four Distribution Centers (A,B,C,and D)that Require

question 43

Multiple Choice

Table 13.11
The Neale Company has four distribution centers (A,B,C,and D) that require monthly shipments of 30,000,24,000,36,000,and 24,000 gallons of diesel fuel per month,respectively.Three wholesalers (1,2,and 3) are willing to supply up to 36,000,48,000 and 30,000 gallons,respectively.Total costs (in $) for both shipping and price per gallon follow.A transportation method tableau is provided below.
-Use the information in Table 13.11.Which of the following statements about this scenario is incorrect?

• A)A dummy warehouse is required to complete the analysis.
• B)It costs $2 per gallon to ship from Wholesaler 3 to Distribution Center D.
• C)It costs $2 per gallon to ship one gallon from Wholesaler 2 to Distribution Center C.
• D)It costs $2 per gallon to ship 20,000 gallons from Wholesaler 1 to Distribution Center D.

Recognize the concept of "spin-off firms" and its significance.

Identify the nature of product innovations and their improvements.

Analyze the allocation of R&D expenditures by U.S. business firms.

Differentiate between innovation and invention in the context of commercialization and scientific research.

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Definitions:

Monozygotic Twins

Twins that result from the division of a single fertilized egg and share all of their genetic material, often referred to as identical twins.

Similar

Having likeness or resemblance, especially in terms of qualities or characteristics.

Intelligence

The skill to assimilate, grasp, and implement insights, tackle challenges, and accommodate to unfamiliar conditions.

Acquire New Knowledge

The process of learning or gaining new information, skills, or understanding.