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(d) BICO is a company which manufactures bottles made from polyethylene terephthalate. The company stores these bottles in boxes at two storage facilities: Gen 1and Gen 2 and the bottles are sold by the box. Gen 1 currently has 2000 boxes whilst Gen 2 has 1500 boxes. BICO supplies five retailers with bottles. The orders placed by these five retailers are shown in Table 1. The shipping costs from each storage facility to the retailers are given in Table 2. BICO would like to determine the most cost effective way to deliver the boxes to the retailers from its two storage facilities. It should be noted that the retailers are willing to purchase additional boxes once their order is fulfilled. No. of boxes Retailer 1 1000 Retailer 2 Retailer 3 700 200 Retailer 4 1500 Retailer 5 100

(d) BICO is a company which manufactures bottles made from polyethylene terephthalate. The company stores these bottles in boxes at two storage facilities: Gen 1and Gen 2 and the bottles are sold by the box. Gen 1 currently has 2000 boxes whilst Gen 2 has 1500 boxes. BICO supplies five retailers with bottles. The orders placed by these five retailers are shown in Table 1. The shipping costs from each storage facility to the retailers are given in Table 2. BICO would like to determine the most cost effective way to deliver the boxes to the retailers from its two storage facilities. It should be noted that the retailers are willing to purchase additional boxes once their order is fulfilled. No. of boxes Retailer 1 1000 Retailer 2 Retailer 3 700 200 Retailer 4 1500 Retailer 5 100

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...
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(d) BICO is a company which manufactures bottles made from polyethylene terephthalate. The company stores these bottles in boxes at two storage facilities: Gen 1and Gen 2 and the bottles are sold by the box. Gen 1 currently has 2000 boxes whilst Gen 2 has 1500 boxes. BICO supplies five retailers with bottles. The orders placed by these five retailers are shown in Table 1. The shipping costs from each storage facility to the retailers are given in Table 2. BICO would like to determine the most cost effective way to deliver the boxes to the retailers from its two storage facilities. It should be noted that the retailers are willing to purchase additional boxes once their order is fulfilled. No. of boxes Retailer 1 1000 Retailer 2 700 Retailer 3 200 Retailer 4 1500 Retailer 5 100
Transcribed Image Text:(d) BICO is a company which manufactures bottles made from polyethylene terephthalate. The company stores these bottles in boxes at two storage facilities: Gen 1and Gen 2 and the bottles are sold by the box. Gen 1 currently has 2000 boxes whilst Gen 2 has 1500 boxes. BICO supplies five retailers with bottles. The orders placed by these five retailers are shown in Table 1. The shipping costs from each storage facility to the retailers are given in Table 2. BICO would like to determine the most cost effective way to deliver the boxes to the retailers from its two storage facilities. It should be noted that the retailers are willing to purchase additional boxes once their order is fulfilled. No. of boxes Retailer 1 1000 Retailer 2 700 Retailer 3 200 Retailer 4 1500 Retailer 5 100
From/To Genl Gen 2 Retailer 1 13 13 Shipping Cost ($/box) Retailer 2 14 13 Retailer 3 15 15 Retailer 4 10 9 Retailer 5 11 12 Formulate the optimisation model and clearly define all decision variables used, DO NOT SOLVE.
Transcribed Image Text:From/To Genl Gen 2 Retailer 1 13 13 Shipping Cost ($/box) Retailer 2 14 13 Retailer 3 15 15 Retailer 4 10 9 Retailer 5 11 12 Formulate the optimisation model and clearly define all decision variables used, DO NOT SOLVE.
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