Samsung produces semiconductor chips in South Korea, China, and the United States. Products using these chips are sold around the world and therefore Samsung sells them on every continent. Below is the available supply and demand for all locations with the associated shipping costs. Supply (in millions) Demand (in millions) South Korea – 2.5 China – 3.5 United States – 2.0 North America – 2.1 South America – 1.4 Europe – 1.2 Africa – 1.1 Asia – 2.3 Australia – 0.8 Shipping Costs North America South America Europe Africa Asia Australia South Korea $12 $14 $9 $7 $3 $13 China N/A $15 $10 $8 $5 $16 United States $4 $6 $11 $17 N/A $18 Ongoing trade tensions between the United States and China have resulted in a ban on imports/exports. Additionally, the United States can only supply North America with 1.5 million and Australia requires at least 500,000 from South Korea. Using all this information, determine the optimal solution to the problem.
Mo.
Samsung produces semiconductor chips in South Korea, China, and the United States. Products using these chips are sold around the world and therefore Samsung sells them on every continent. Below is the available supply and demand for all locations with the associated shipping costs. Supply (in millions) Demand (in millions) South Korea – 2.5 China – 3.5 United States – 2.0 North America – 2.1 South America – 1.4 Europe – 1.2 Africa – 1.1 Asia – 2.3 Australia – 0.8 Shipping Costs North America South America Europe Africa Asia Australia South Korea $12 $14 $9 $7 $3 $13 China N/A $15 $10 $8 $5 $16 United States $4 $6 $11 $17 N/A $18 Ongoing trade tensions between the United States and China have resulted in a ban on imports/exports. Additionally, the United States can only supply North America with 1.5 million and Australia requires at least 500,000 from South Korea. Using all this information, determine the optimal solution to the problem.
Step by step
Solved in 2 steps with 4 images