An electrical utility needs to generate 6,300 megawatts of electricity today. It has five generators (A, B, C, D, and E). If any electricity is generated by a given generator, that generator must be started up and a fixed start-up cost is incurred. There is an additional cost for each megawatt generated by a generator. These costs, as well as the maximum capacity of each generator, are shown in the following table. A B C D Fixed start-up cost $3,000 $2,000 $2,500 $1,500 $1,000 Cost per megawatt/day $5 $4 $6 generated $6 $7 Maximum capacity (MW/day 2,100 1,800 2,500 1,500 3,000 Click here for the Excel Data File Formulate and solve this model on a spreadsheet. a. Determine the minimum cost plan that meets the electrical needs for today. Note: Leave no cells blank. Enter "O" wherever required. Startup generator? (Enter 1 if "Yes", O if "No") Megawatt/day b. Determine the total cost. Total cost
An electrical utility needs to generate 6,300 megawatts of electricity today. It has five generators (A, B, C, D, and E). If any electricity is generated by a given generator, that generator must be started up and a fixed start-up cost is incurred. There is an additional cost for each megawatt generated by a generator. These costs, as well as the maximum capacity of each generator, are shown in the following table. A B C D Fixed start-up cost $3,000 $2,000 $2,500 $1,500 $1,000 Cost per megawatt/day $5 $4 $6 generated $6 $7 Maximum capacity (MW/day 2,100 1,800 2,500 1,500 3,000 Click here for the Excel Data File Formulate and solve this model on a spreadsheet. a. Determine the minimum cost plan that meets the electrical needs for today. Note: Leave no cells blank. Enter "O" wherever required. Startup generator? (Enter 1 if "Yes", O if "No") Megawatt/day b. Determine the total cost. Total cost
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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