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 3 customers. 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 Plant Customer 1 Customer 2 Customer 3 A B C D $15 $20 $25 $20 $30 $40 $25 $35 $15 $40 $35 $20 The 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? 05 07 10 12
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 3 customers. 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 Plant Customer 1 Customer 2 Customer 3 A B C D $15 $20 $25 $20 $30 $40 $25 $35 $15 $40 $35 $20 The 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? 05 07 10 12
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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