An electrical utility needs to generate 6,500 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 $3,000 Startup generator? (Enter 1 if "Yes", 0 if "No") Megawatt/day generated b. Determine the total cost. Fixed start-up cost Cost per megawatt/day generated Maximum capacity (MW/day) 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 "0" wherever required. Total cost B $2,000 $5 2,100 $2,500 $1,500 $6 2,500 $4 1,800 $6 1,500 E $1,000 $7 3,000
An electrical utility needs to generate 6,500 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 $3,000 Startup generator? (Enter 1 if "Yes", 0 if "No") Megawatt/day generated b. Determine the total cost. Fixed start-up cost Cost per megawatt/day generated Maximum capacity (MW/day) 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 "0" wherever required. Total cost B $2,000 $5 2,100 $2,500 $1,500 $6 2,500 $4 1,800 $6 1,500 E $1,000 $7 3,000
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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