1. Steelco manufactures three types of steel at different plants. The time required to manufacture 1 ton of steel (regardless of type) and the costs at each plant are shown in Table 8. Each week, 100 tons of each type of steel (1, 2, and 3) must be produced. Each plant is open 40 hours per week. Formulate a balanced transportation problem to minimize the cost of meeting Steelco's weekly requirements. TABLE 8 Plant 1 2 3 Steel 1 60 50 43 Cost (S) Steel 2 40 30 20 Steel 3 28 30 20 Time (minutes) 20 16 15

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...
icon
Related questions
Question
This is operation research question. Do it on excel with step by step process and formulate the column
1. Steelco manufactures three types of steel at different plants. The time required to
manufacture 1 ton of steel (regardless of type) and the costs at each plant are
shown in Table 8. Each week, 100 tons of each type of steel (1, 2, and 3) must
be produced. Each plant is open 40 hours per week.
Formulate a balanced transportation problem to minimize the cost of meeting
Steelco's weekly requirements.
TABLE 8
Plant
1
23
3 *
Steel 1
60
50
43
Cost (S)
Steel 2
40
30
20
Steel 3
28
30
20
(minutes)
20
16
15
Transcribed Image Text:1. Steelco manufactures three types of steel at different plants. The time required to manufacture 1 ton of steel (regardless of type) and the costs at each plant are shown in Table 8. Each week, 100 tons of each type of steel (1, 2, and 3) must be produced. Each plant is open 40 hours per week. Formulate a balanced transportation problem to minimize the cost of meeting Steelco's weekly requirements. TABLE 8 Plant 1 23 3 * Steel 1 60 50 43 Cost (S) Steel 2 40 30 20 Steel 3 28 30 20 (minutes) 20 16 15
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 9 images

Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
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
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
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…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.