"An optimal plan for minimizing the cost of allocating capacity to meet demand over several planning periods" best describes
A) the linear decision rule
B) simulation
C) the management coefficients model
D) the transportation method
E) graphical methods

Question

Quizplus · Accepted Answer

The transportation method is a type of linear programming problem that focuses on allocating resources in an optimal way to minimize costs or maximize efficiency, which aligns with the description of minimizing the cost of allocating capacity to meet demand over several planning periods.

"An Optimal Plan for Minimizing the Cost of Allocating Capacity