For the data below, construct an initial feasible solution using the northwest-corner rule
What will be an ideal response?
Step 1: The smaller value at the intersection of S1 and D1 is 80. Assign 80 to S1D1, and rule out other cells in D1. The smaller value at the intersection of S1 and D2 is 25 (105 - 80); assign 25 to S1D2 and rule out other cells in S1. The smaller value at the intersection of S2 and D2 is 35 (60 - 25); assign 35 to S2D2 and rule out other cells in D2. The smaller value at the intersection of S2 and D3 is 70; assign 70 to S2D3 and rule out other cells in D3. The remaining assignments are 40 at S2D4 and 50 at S3D4. These actions are summarized in the table below.
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Ellicott City Manufacturers, Inc., has sales of $6,344,210, and a gross profit margin of 67.3 percent. What is the firm's cost of goods sold?
A) $2,074,557 B) $2,745,640 C) $274,560 D) None of the above
____, ____, or ____ means utilizing special software applications to analyze human resources data and metrics and to draw conclusions from it.
Fill in the blank(s) with the appropriate word(s).