Q3)) A firm has established a distribution network for the supply of a rawmaterial critical to its manufacturing Currently there are three origins for this raw material,which must be shipped to three manufacturing plants. The current network has thefollowing characteristics:Origin 1Origin 2Origin 3DEMANDPlant 1$7$10Plant 2$5$7$845Plant 3$2$3SUPPLY304050120/120$3$93540(a) Calculate a solution using the northwest-corner rule. Calculate the cost of this solution.(b) Calculate the solution using intuitive lowest cost method. Calculate the cost of thissolution.(c) Using the solution in (c), calculate improvement indices, iterate once. Can you achieve abetter solution? If yes, what is the cost of this solution?

The transportation problem is a linear programming problem that involves finding the optimal way to…

Answered: Q3) )A firm has established a…

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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Problem 15-2 (Algo) Determine which shipping alternative would be most economical to ship 100 boxes of parts when each box has a price of $200 and holding costs are 30 percent of price, given this shipping information: overnight, $300, two-day, $260, six-day, $180. (Round your intermediate calculations to 2 decimal places.) Two day O Overnight O Six day
Facilities O Logistics Question 2 The objective of supply management is: O To guide the security of supply sources To manage the supply base so that suitable suppliers are available O To determine the dimensions of value important to customers O To provide improved profitability and competitive advantage for supply chain companies Question 3 Logistics management has numerous activities supporting each om 1 pts 1 pts 24°C Home
Macrosoft Corporation is a software giant in personal computers (PCs). Although its flagship operating system ‘Meadow’ is still dominating in the PC market, the burgeoning of tablets and smartphones in recent years has been chewing up the PC market. In fact, the numbers of new Meadow users was shrinking every year. In view of this situation, Macrosoft is considering making an offer to purchase Oats Production, and upstart smartphone producer in China. The management of Macrosoft hopes that the acquisition could allow the company to explore the smartphone software market and bring in new revenue to the firm. The treasurer of Macrosoft has collected the following information: Macrosoft Corporation Oats Production Shares outstanding 1,500,000 800,000 Earnings $8,400,000 $2,400,000 Divdends $4,200,000 $1,800,000 Price-earnings ratio 18X 15X The treasurer also discovers that the earnings and dividends of Oats will grow at a constant rate of 6% every year. If the acquisition…
6.- Comfort Zone Furniture has plants in Boston, Dallas and Seattle, which ship their production to four demand centers, with the transportation costs indicated in the following table. Using the northwest corner method and stepping stone find the optimal solution. Boston Dallas Seattle Demand 1 $3 $6 $1 20 2 $5 $8 $9 60 3 $7 $5 $7 30 4 $4 $2 $3 40 Capacity 50 50 50 150
Weighted factor methodUse the table to calculate the most ideal X coordinate for supermarket Point Quantity offered/requested Transportation costs Coordinate X Coordinate Y Supermarket 1 3,000 0.04 4 8 Supermarket 2 3,500 0.04 7 2 Supermarket 3 2,000 0.07 3 5 Supermarket 4 1,500 0.07 7 4 Supermarket 5 1,200 0.07 6 8
The Transportation Simplex Method Using Minimum Cost From Plant 1 Plant 2 Plant 3 Demand (Million kwh) City 1 $8 $9 $14 45 City 2 $6 $12 $9 20 City 3 $10 $13 $16 30 To City 4 $9 $7 $5 30 Supply (Million kwh) 35 50 40
: x v fx C DE в F G H K M Consider the linear distribution and the from-to diagram shown in the figure. Assuming that the goal is to minimize the total distance traveled, determine the final distribution recommended by CRAFT using the peer-to-peer trading method. 30 m 30 m from A A B A 2 6 B 3 A В 80 m 20 m
Determine the suitable location of a distribution centre with the below data, minimizing the transportation dollars spent on managing inbound and outbound shipments. Plot the location of the Vendors, Customers and the location of the new DC in a chart Vendor V1 V2 V3 V4 Customer C1 C2 C3 C4 Rate $ per Ton Mile $ $ $ $ 4.75 3.75 3.15 4.75 Rate $ per Ton Mile $ $ $ $ 3.50 3.75 4.25 5.00 Volume in Tons 1000 1000 1600 1400 Volume in Tons 760 640 800 500 Vendor Location Coordinates (miles) Horizontal 525 600 412.5 300 Vertical 300 750 750 630 Customer Location Coordinates(miles) Vertical 450 900 1050 975 Horizontal 900 900 825 1050
Problem 12-15 (Algo) Given the data shown below, calculate the slope and intercept using simple linear regression. (Round your intermediate calculations and final answers to 1 decimal place.) Period: Demand: 1 2 3 4 5 6 22 29 42 50 54 61 Slope Intercept
Faw Motors, Inc., was incorporated in Volkswagen on July 01, 2003. It has 4 plants across the China that design, manufacture, and market earth moving, construction, and materials handling equipment. It also manufactures engines for earthmoving vehicles and tractor-trailers. Faw Motors products are distributed worldwide. Net income last year totaled $350,000,000. Faw Motors has developed a "Transportation Quality" program in order to reduce shipping damages to its equipment and to ensure its just-in-time production and inventory system. The program consists of two parts. The first part ensures proper lifting and tie-down provisions by working with engineers in the design process. The second part focuses on internal practices to prepare the product for shipment. The chief transportation quality engineer has developed a carrier certification program for both inbound and outbound freight. The program establishes standards requiring the carrier to adhere to 100 percent performance. Use of…
Please solve this Optimization problem using VAM method manually
An auto compant currently maintains plants in Cincinnati and Tulsa to supply two distributioncenters in Boston and Phoenix. The production and distribution costs, distribution demands aswell as facility capacities are given in the table attached Using the northwest-corner method, determine the initial allocated quantity for eachshipping route as well as the overall cost.

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