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If t f the Edwards production plan for the next period includes 900 units of component 1 and 700 units of component 2, what purchases do you recommend? That is, how many units of each component should be ordered from each supplier? Component 1, Supplier 1 units units Component 1, Supplier 2 Component 1, Supplier 31 units Component 2, Supplier 1 units Component 2, Supplier 2 units Component 2, Supplier 3 units What is the total purchase cost (in $) for the components? $

If t f the Edwards production plan for the next period includes 900 units of component 1 and 700 units of component 2, what purchases do you recommend? That is, how many units of each component should be ordered from each supplier? Component 1, Supplier 1 units units Component 1, Supplier 2 Component 1, Supplier 31 units Component 2, Supplier 1 units Component 2, Supplier 2 units Component 2, Supplier 3 units What is the total purchase cost (in $) for the components? $

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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A linear programming computer package is needed. Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company's needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows. Supplier Component 1 1 $13 $14 $15 2 $11 $12 $11 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows. Supplier 1 2 3 Capacity 500 900 700 If the Edwards production plan for the next period includes 900 units of component 1 and 700 units of component 2, what purchases do you recommend? That is, how many units of each component should be ordered from each supplier? Component 1, Supplier 1 units units Component 1, Supplier 2 Component 1, Supplier 3. units Component 2, Supplier 1 units Component 2, Supplier 2 units Component 2, Supplier 3 units What is the total purchase cost (in $) for the components? $
Transcribed Image Text:A linear programming computer package is needed. Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company's needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows. Supplier Component 1 1 $13 $14 $15 2 $11 $12 $11 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows. Supplier 1 2 3 Capacity 500 900 700 If the Edwards production plan for the next period includes 900 units of component 1 and 700 units of component 2, what purchases do you recommend? That is, how many units of each component should be ordered from each supplier? Component 1, Supplier 1 units units Component 1, Supplier 2 Component 1, Supplier 3. units Component 2, Supplier 1 units Component 2, Supplier 2 units Component 2, Supplier 3 units What is the total purchase cost (in $) for the components? $
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