An assignment problem is a special form of transportation problem where all supply and demand values equal 1
Indicate whether this statement is true or false.
Answer: TRUE
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Kimlee, a food manufacturer based in China, recognizes the immense demand for noodles in the Australian market
Kimlee forms a new business venture to manufacture instant noodles and decides to share possession and control of the new business with a local food processing company. In this case, Kimlee has entered a foreign market through ________. A) licensing B) contract manufacturing C) direct investment D) joint ownership E) management contracting
From a marketer's point of view, price lining is a way to do which of the following?
A) control supply B) maximize profits C) make the business more socially responsible D) pass shipping costs on to consumers E) eliminate price elasticity concerns