Homework Help is Here – Start Your Trial Now!
Business
Operations Management
a) Describe how this problem can be adapted to the general format of assignment problems. b) Obtain an optimal solution using Excel Solver step by step

a) Describe how this problem can be adapted to the general format of assignment problems. b) Obtain an optimal solution using Excel Solver step by step

Practical Management Science
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
icon
Related questions
Question
100%

Four cargo ships must be used to transport goods from one port to four other ports (numbered 1, 2, 3, and 4). Any boat can be used to make any of the four trips. However, given some differences between ships and cargoes, the total cost of loading, transporting, and unloading goods from different combinations of ships and ports varies considerably. These costs are shown in the following table:

The goal is to assign ships to ports in a one-to-one correspondence so that the total cost of the four shipments is minimized.

a) Describe how this problem can be adapted to the general format of assignment problems.

b) Obtain an optimal solution using Excel Solver step by step

Ship 1 $ 2 $ 3 $ 4 $ 1 500 $ 600 $ 700 $ 500 $ Port 2 400 $ 600 $ 500 $ 3 600 $ 700 $ 700 $ 400 $ 600 $ 700 500 600 600
Transcribed Image Text:Ship 1 $ 2 $ 3 $ 4 $ 1 500 $ 600 $ 700 $ 500 $ Port 2 400 $ 600 $ 500 $ 3 600 $ 700 $ 700 $ 400 $ 600 $ 700 500 600 600
Expert Solution
steps

Step by step

Solved in 4 steps with 5 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
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.
SEE MORE TEXTBOOKS