Problem C. Transportation Model (Balanced) Izzy Plastic Processing Company has three processing plants in three locations. It received orders from three customers. Plant 1 has 700 cartons, Plant 2 has 500 cartons, and Plant 3 has 300 cartons. Customer A needs 400 cartons, customer B needs 500 cartons, and customer C needs 600 cartons. The costs of transportation per carton of the product from the plants to the customers are presented as follows: Customer A Customer B Customer C Plant 1 Php5.00 Php2.00 Php5.50 Plant 2 4.00 2.50 3.00 Plant 3 4.50 3.50 3.00 Required. Determine the distribution of the products to the three customers where the transportation are minimized using the stepping-stone methods following the northwest corner rule for the initial solution. Construct all transportation table with its corresponding transportation cost and tests for improvement of vacant cells.
Problem C. Transportation Model (Balanced) Izzy Plastic Processing Company has three processing plants in three locations. It received orders from three customers. Plant 1 has 700 cartons, Plant 2 has 500 cartons, and Plant 3 has 300 cartons. Customer A needs 400 cartons, customer B needs 500 cartons, and customer C needs 600 cartons. The costs of transportation per carton of the product from the plants to the customers are presented as follows: Customer A Customer B Customer C Plant 1 Php5.00 Php2.00 Php5.50 Plant 2 4.00 2.50 3.00 Plant 3 4.50 3.50 3.00 Required. Determine the distribution of the products to the three customers where the transportation are minimized using the stepping-stone methods following the northwest corner rule for the initial solution. Construct all transportation table with its corresponding transportation cost and tests for improvement of vacant cells.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:Problem C. Transportation Model (Balanced)
Izzy Plastic Processing Company has three processing plants in three locations. It received orders from three
customers. Plant 1 has 700 cartons, Plant 2 has 500 cartons, and Plant 3 has 300 cartons. Customer A needs
400 cartons, customer B needs 500 cartons, and customer C needs 600 cartons. The costs of transportation
per carton of the product from the plants to the customers are presented as follows:
Customer A
Customer B
Customer C
Plant 1
Php5.00
Php2.00
Php5.50
Plant 2
4.00
2.50
3.00
Plant 3
4.50
3.50
3.00
Required. Determine the distribution of the products to the three customers where the transportation are
minimized using the stepping-stone methods following the northwest corner rule for the initial solution.
Construct all transportation table with its corresponding transportation cost and tests for improvement of
vacant cells.
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