Needed to be solved correclty in 30 minutes and get the thumbs up please show neat and clean work please provide correct solution LP Center of GravityDataLocationXYCost17413211453931544924Total213057SimplificationCreate an LP to find the optimal locations of the two centers by making sure the transportation cost isminimized. To simplify your task, assume that the centers can only be placed in a range from [5,4] to[7,7]. ROP With Variable Demand and Lead TimeDataRisk of Stock OutAssume the maximum risk of stock out we wishto take is 1%. What is the ROP?Average demand per week = 200Stdv of demand per week = 50Average lead time in weeks = 3Stdv of lead time in weeks = 2Service level: 95%Safety stock will become:Lead time and demand are normally distributedNew ROP =ROP With VariabilityService level90%95%99%99.9%Note: 1 Service level = stockout riskKey Z-ValuesZ-value1.281.652.333.08

since coordinate values are possible to be in decimals, we will use GRG non linear method.…

LP Center of Gravity Data Location X Y Cost 1 7 4 13 2 1 14 5 3 9 3 15 4 4 9 24 Total 21 30 57 Simplification Create an LP to find the optimal locations of the two centers by making sure the transportation cost is minimized. To simplify your task, assume that the centers can only be placed in a range from [5,4] to [7,7].

LP Center of Gravity Data Location X Y Cost 1 7 4 13 2 1 14 5 3 9 3 15 4 4 9 24 Total 21 30 57 Simplification Create an LP to find the optimal locations of the two centers by making sure the transportation cost is minimized. To simplify your task, assume that the centers can only be placed in a range from [5,4] to [7,7].

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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