A contractor has one crane available at four different building sites at which work has just been completed. The contractor wants to move the four cranes to four new sites. The transportation time (in hours) between the old and the new sites is presented in the table below. New Sites Old Sites I II III IV A 3.50 4.00 8.50 5.00 B 4.25 5.50 9.25 5.50 с 6 5.50 7.50 6.50 D 4.00 7.00 7.50 3.75 a) Develop a mathematical model that can be used to find the optimal way to move the cranes between old and new sites optimally. b) Solve the problem using Microsoft Excel (Please, submit your Excel file along with your
A contractor has one crane available at four different building sites at which work has just been completed. The contractor wants to move the four cranes to four new sites. The transportation time (in hours) between the old and the new sites is presented in the table below. New Sites Old Sites I II III IV A 3.50 4.00 8.50 5.00 B 4.25 5.50 9.25 5.50 с 6 5.50 7.50 6.50 D 4.00 7.00 7.50 3.75 a) Develop a mathematical model that can be used to find the optimal way to move the cranes between old and new sites optimally. b) Solve the problem using Microsoft Excel (Please, submit your Excel file along with your
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...
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Transcribed Image Text:A contractor has one crane available at four different building sites at which work has just been
completed. The contractor wants to move the four cranes to four new sites. The transportation time
(in hours) between the old and the new sites is presented in the table below.
New Sites
Old
Sites
I
II
III
IV
A
3.50
4.00
8.50
5.00
B
4.25
5.50
9.25
5.50
C
6
5.50
7.50
6.50
D
4.00
7.00
7.50
3.75
a) Develop a mathematical model that can be used to find the optimal way to move the cranes
between old and new sites optimally.
b) Solve the problem using Microsoft Excel (Please, submit your Excel file along with your
answer)
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