The large negative opportunity cost value in an unused cell in a transportation table is chosen to improve the current solution because.
A. It represents per unit cost reduction
B. It represents per unit cost improvement
C. It ensure no rim requirement violation
D. None of the above
Answer: Option A
Solution(By Examveda Team)
The large negative opportunity cost value in an unused cell in a transportation table is chosen to improve the current solution because it represents per unit cost reduction.This Question Belongs to Management >> Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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