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The 4-Step Procedure for Profit Maximization-In the Correct Order-Is

Question 12

Multiple Choice

The 4-step procedure for profit maximization-in the correct order-is:


A) Select the highest-profit,nonassigned cell;start with a feasible solution that balances supply and demand;when an increase in total profit is obtained,ship as many units as possible;evaluate changes until profit cannot be increased any further.
B) Start with a feasible solution that balances supply and demand;select the highest-profit,nonassigned cell;when an increase in total profit is obtained,ship as many units as possible;evaluate changes until profit cannot be increased any further.
C) Evaluate changes until profit cannot be increased any further;when an increase in total profit is obtained,ship as many units as possible;start with a feasible solution that balances supply and demand;select the highest-profit,nonassigned cell.
D) When an increase in total profit is obtained,ship as many units as possible;evaluate changes until profit cannot be increased any further;start with a feasible solution that balances supply and demand;select the highest-profit,nonassigned cell.

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