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Is the transportation model an example of decision making under cert.pdf

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Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Solution The transportation model is an example of decision making under certainty since the costs of each shipping route, the demand at each destination, and the supply at each source are all assumed to be known with certainty..

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Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Solution The transportation model is an example of decision making under certainty since the costs of each shipping route, the demand at each destination, and the supply at each source are all assumed to be known with certainty.

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Is the transportation model an example of decision making under cert.pdf

  • 1. Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Solution The transportation model is an example of decision making under certainty since the costs of each shipping route, the demand at each destination, and the supply at each source are all assumed to be known with certainty.