Two quantitative techniques that are used for determining the least cost means of transporting goods and services are the transportation method and the queuing method.

Question

Quizplus · Accepted Answer

The transportation method is a commonly used quantitative technique for determining the least cost means of transporting goods and services, but the queuing method is not typically used for this purpose. The queuing method is used for analyzing queuing systems and optimizing the flow of customers or products through a system.

Two Quantitative Techniques That Are Used for Determining the Least