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Asked by David Mckay on May 11, 2024

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The transportation method of linear programming is an optimizing approach to aggregate planning.

Transportation Method

A linear programming technique used to find the most efficient and cost-effective way of distributing products from several suppliers to multiple destinations.

Linear Programming

A mathematical method for determining the best outcome in a model whose requirements are represented by linear relationships, widely used in operations research and economics to maximize or minimize an objective function.

Aggregate Planning

The process of developing, analyzing, and maintaining a preliminary approximate schedule of the overall operations of an organization.

  • Knowledge about the application of linear programming and other mathematical models in aggregate planning.
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Miriam TekleMay 12, 2024
Final Answer :
True
Explanation :
The transportation method is a popular method used in linear programming for aggregate planning. It involves finding the optimal way to transport goods from multiple sources to multiple destinations, while meeting demand and minimizing cost.

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