A firm has 4 plants that produce widgets. Plants A, B, and C can each produce 120 widgets per day. Plant D can produce 60 widgets per day. Each day, the widgets produced in the plants must be shipped to satisfy the demand of 3customers. Customer 1 requires 55 units per day, customer 2 requires 120 units per day, and customer 3 requires 245 units per day. The shipping costs for each possible route are shown in the table below:Shipping Costs per unit at PlantCustomer 1Customer 2 Customer 3A$15$20$25B$20$30$40C$25$35$15D$40$35$20The firm needs to satisfy all demand each day but would like to minimize the total costs.The objective function for the firm's problem will have how many terms?05710O 12

Find the given details below: Shipping cost per unit at plantCustomer 1Customer 2Customer…

Answered: A firm has 4 plants that produce…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Companies A, B, and C supply components to three plants (F, G, and H) via two crossdocking facilities (D and E). It costs $4 to ship from D regardless of final destination and $3 to ship to E regardless of supplier. Shipping to D from A, B, and C costs $3, $4, and $5, respectively, and shipping from E to F, G, and H costs $10, $9, and $8, respectively. Suppliers A, B, and C can provide 200, 300 and 500 units respectively and plants F, G, and H need 350, 450, and 200 units respectively. Crossdock facilities D and E can handle 600 and 700 units, respectively. Logistics Manager, Aretha Franklin, had previously used "Chain of Fools" as her supply chain consulting company, but now turns to you for some solid advice. Set up the solution in Excel and solve with Solver. What are total costs?
A fertilizer manufacturer has to fulfill supply contracts to its two main customers (650 tons to Customer A and 800 tons to Customer B). It can meet this demand by shipping existing inventory from any of its three warehouses. Warehouse 1 has 400 tons of inventory onhand, Warehouse 2 (W2) has 500 tons, and Warehouse 3 (W3) has 600 tons. The company would like to arrange the shipping for the lowest cost possible, where the per-ton transit costs are as follows: W 1 W 2 W 3 $7.50 $6.75 $6.25 $7.00 $6.50 $8.00 Customer A Customer B Write the objective function and the constraint in equations. Let V;= tons shipped to customer i from warehouse j, and so on. For example, VA1 = tons shipped to customer A from warehouse W1. This exercise contains only parts b, c, d, e, and f. b) The objective function for the LP model = Minimize Z = $7.50 + $6.25 + $6.50 (shipping cost to customer A) V + $6.75 + $7.00 + $8.00 (shipping cost to customer B) c) Subject to: Customer A's demand Customer B's demand…
Morgan Trucking Company operates a special pickup and delivery service between Chicago and six other cities located in a four-state area. When Morgan receives a request for service, it dispatches a truck from Chicago to the city requesting service as soon as possible. With both fast service and minimum travel costs as objectives for Morgan, it is important that the dispatched truck take the shortest route from Chicago to the specified city. Assume that the following network (not drawn to scale) with distances given in miles represents the highway network for this problem. Chicago 1 36 31 21 2 3 9 10 11 21 4 13 Find the shortest-route distance from Chicago to node 6. 6 5 6 16 6 21 7
NTS is a Swiss intermodal operator located in Lausanne. When customers need to transport goods between origin and destination, NTS supplies them with one or more empty containers in which the goods can be loaded.Upon arrival at the destination, the goods are unloaded, and the empty containers must be transported to the pickup point for new customers. Therefore, NTS management needs to reallocate empty containers periodically (every week). The company's focus is on the transportation activity of empty containers, which is very expensive (almost 35% of the total operational costs). In May 2023, several empty containers, totaling 20 containers, need to be reallocated among terminals in Amsterdam, Berlin, Munich, Paris, Milan, Barcelona, and Madrid. The available or requested number of empty containers at various terminals is reported, along with the transportation costs (in euros per container) as seen in Figure 1. Determine how to solve the problem with the goal of minimizing…
NTS is a Swiss intermodal operator located in Lausanne. When customers need to transport goods between origin and destination, NTS supplies them with one or more empty containers in which the goods can be loaded. Upon arrival at the destination, the goods are unloaded, and the empty containers must be transported to the pickup point for new customers. Therefore, NTS management needs to reallocate empty containers periodically (every week). The company's focus is on the transportation activity of empty containers, which is very expensive (almost 35% of the total operational costs). In May 2023, several empty containers, totaling 20 containers, need to be reallocated among terminals in Amsterdam, Berlin, Munich, Paris, Milan, Barcelona, and Madrid. The available or requested number of empty containers at various terminals is reported, along with the transportation costs (in euros per container) as seen in Figure 1.Determine how to solve the problem with the goal of minimizing…
A manufacturer has two shipments to make from Minneapolis to Chicago. Both shipments weigh 8500 pounds. The two shipments can be shipped separately to Chicago at a cost of $2.00 per mile for a total of 409 miles and will take one day for each shipment. The company has a warehouse in Milwaukee where they can consolidate the freight. It would take two LTL shipments at $2.00 per mile to get the freight to Milwaukee for 337 miles and then one full TL shipment from Milwaukee to Chicago at $1.50 per mile for 92 miles. The consolidation cost in Milwaukee is $200 and it takes two days for the trip through Milwaukee. What is the lowest cost to ship the freight and which approach would you select?
QL (“Quebec Lumber”) is a logging and wood processing firm in a remote part of the Canadian province of Quebec. They have recently acquired a remote track of timber that is located ten miles from their processing facility. Normally, this is not a problem as they are able to simply cut the timber and haul it using trucks to their processing facility. However, this track of forestland is ten miles to their north, and there are no roads connecting the tract of land to their facility. They have also acquired a narrow (120 foot wide) ten-mile strip of land connecting this tract of timber to their processing facility. QL considered building their own road between the two points, and have log trucks haul the logs to the processing facility. However, they have decided instead to go with a less expensive option, a narrow gauge railroad. The narrow gauge railroad would require the laying of ties and steel tracks, and will require a custom-built locomotive and rolling stock (train cars that will…
A supplier ships goods from Richmond, VA to three market places in 3 cities (Chicago, IL; Athens, GA; St. Luis, MO). The supplier can ship every day, every other day, or every third day. There is a penalty of S0.30/cwt for each day delayed. Consolidating shipments allows for lower transportation costs from larger loads, but incurs penalty costs due to the delay. Transportation Rate (S/cwt) Shipment City Weight/day LTL 50,000 lb 50000 lb Chicago, IL 18,000 lb (180 cwt) 1.50 1.25 Athens, GA 15,000 lb (150 cwt) 1.35 1.00 St. Luis, MO 12,000 lb (120 cwt) 2.00 1.50 Total 45,000 lb = 450 cwt Find what is the cost for the following: Shipping Every Day Shipping on the alternate Day (every two days) Shipping every three Day
Zara is a global clothing company based in Spain and it gives utmost importance to customer value, hence it tries to catch customer satisfaction in transportation. Zara expects the following points to be fulfilled by transport companies: The products must be reached to desired places on time, the products must be shipped without any damage or unwanted condition, the products must be carried to next channel level in a good condition. Additionally, Zara gives less weight to freight costs while determining product prices. Which of the followings is less important in transportation policy of Zara? Select one: a. Condition of goods b. Pricing c. Delivery performance d. Customer satisfaction
Suppliers A, B, and C supply components to three plants -- F, G, and H via two transshipment facilities -- T1 and T2. It costs $4 to ship from T1 regardless of final destination and $3 to ship to T2 regardless of supplier. Shipping to T1 from A, B, and C costs $3, $4, and $5, respectively, and shipping from T2 to F, G, and H costs $10, $9, and $8, respectively. Suppliers A, B, and C can provide 200, 300 and 500 units respectively and plants F, G, and H need 350, 450, and 200 units respectively. The Logistics Manager has come to you for help. Answer the following question: Which of these is not an element of the objective function? Group of answer choices 4D-T1 600T1 9T2-G 3C-T2 Plz do fast asap
The MidLands Trucking Company based in Louisvillehas eight trucks located throughout the Mideast that havedelivered their loads and are available for shipments. Through their Internet logistics site MidLands has re-ceived shipping requests from 12 customers. The follow-ing table shows the mileage for a truck to travel to a customer location, pick up the load, and deliver it. Determine the optimal assignment of trucks to customersthat will minimize the total mileage. Customers Truck A B C D E F G H I J K L1 500 730 620 410 550 600 390 480 670 710 440 5902 900 570 820 770 910 660 650 780 840 950 590 6703 630 660 750 540 680 750 810 560 710 1200 490 6504 870 1200 810 670 710 820 1200 630 700 900 540 6205 950 910 740 810 630 590 930 650 840 930 460 5606 1100 860 800 590 570 550 780 610 1300 840 550 7907 610 710 910 550 810 730 910 720 850 760 580 6308 560 690 660 640 720 670 830 690 880 1000 710 680
Smith Inc. is a retail mail order firm that currently uses a centralized collection system that requires all checks to be sent to its flotation headquarters. An average of 6 days is required for mailed checks to be received, 3 days for Smith Inc. to process them, and 2 days for the checks to clear through its bank. A proposed lockbox system would decrease the mailing and processing time to 2 days and the check clearing time for 1 day. Smith Inc. has an average daily collection of P250,000. If Smith Inc. adopts this proposed lockbox system, its average cash balance will increase by. A. 1.2M B. 450k C. 750k D. 2M

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS