Rent'R Cars is a multisite car rental company in the city. It is trying out a new "return the car to the location most convenient for you" policy to improve customer service. But this means that the company has to constantly move cars around the city to maintain required levels of vehicle availability. The supply and demand for economy cars, and the total cost of moving these vehicles between sites, are shown below. FronTo Supply | 16 A L 40 75 Denand 30 165\165 a. Find the solution that minimizes moving costs using Microsoft Excel. (Leave the cells blank, whenever zero (0) is required.) From/To G Supply Candidate solution 50 40 25 C Total shipped 15 60 75 50 60 25 30 165 From/To Supply Cost Total costs

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Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.