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In Applying Vogel's Approximation Method to a Profit Maximization Problem

Question 14

Multiple Choice

In applying Vogel's approximation method to a profit maximization problem, row and column penalties are determined by:


A) finding the largest unit cost in each row or column.
B) finding the smallest unit cost in each row or column.
C) finding the difference between the two lowest unit costs in each row and column.
D) finding the difference between the two highest unit costs in each row and column.

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