RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. It then transports the cars to repair shops it contracts with. When they are restored to RVW's specifications, RVW sells 10 each to three different used car lots. There are various costs associated with the average purchase and transportation prices from each auction to each repair shop. Also, there are transportation costs from the repair shops to the used car lots. RVW is concerned with minimizing its total cost given the costs in the table below. Given the costs below, draw a network representation for this problem. Repair Shops Used Car Lots S1S2 L1L2L3Auction 1550500 S1250300500Auction 2600450 S2350650450 Formulate this problem as a linear programming model. (Note: You do not need to solve the model.)

SOLUTION: Let xjk be the number of cars transported from node-j and node-k for j=1,2,3,4 and…

Answered: RVW (Restored Volkswagens) buys 15 used…

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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RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. It then transports the cars to repair shops it contracts with. When they are restored to RVW's specifications, RVW sells 10 each to three different used car lots. There are various costs associated with the average purchase and transportation prices from each auction to each repair shop. Also, there are transportation costs from the repair shops to the used car lots. RVW is concerned with minimizing its total cost given the costs in the table below.