Table 1.1. Quantities of items per day Item 1 Item 2 Item 3 Item 4 Item 5 Monday 10 14 11 17 20 Tuesday 13 16 14 15 22 Wednesday 12 16 19 15 21 Thursday Friday 10 12 16 12 20 8 10 7 12 15 Table 1.2. Cost (in unit price) of items per supplier Supplier 3 Supplier 1 Item 1 56.00 Item 2 67.00 Item 3 61.00 Item 4 59.00 Item 5 48.00 Supplier 2 80.00 44.00 55.00 70.00 56.00 78.00 66.00 63.00 42.00 39.00 Note: Create a demand and cost matrix. And explain your solutions and answer.
Table 1.1. Quantities of items per day Item 1 Item 2 Item 3 Item 4 Item 5 Monday 10 14 11 17 20 Tuesday 13 16 14 15 22 Wednesday 12 16 19 15 21 Thursday Friday 10 12 16 12 20 8 10 7 12 15 Table 1.2. Cost (in unit price) of items per supplier Supplier 3 Supplier 1 Item 1 56.00 Item 2 67.00 Item 3 61.00 Item 4 59.00 Item 5 48.00 Supplier 2 80.00 44.00 55.00 70.00 56.00 78.00 66.00 63.00 42.00 39.00 Note: Create a demand and cost matrix. And explain your solutions and answer.
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Saeed Moaveni
Chapter20: Engineering Economics
Section: Chapter Questions
Problem 19P
Related questions
Question
A man wants to buy five materials for a 5 day work as shown in table 1.1 and for each item, the three material suppliers are shown in table 1.2. How can he get these with minimum payment? make a demand and cost matrix
Transcribed Image Text:Table 1.1. Quantities of items per day
Item 1
Item 2
Item 3
Item 4
Item 5
Monday
10
14
11
17
20
Tuesday
13
16
14
15
22
Wednesday
12
16
19
15
21
Thursday
Friday
10
12
16
12
20
8
10
7
12
15
Table 1.2. Cost (in unit price) of items per supplier
Supplier 3
Supplier 1
Item 1
56.00
Item 2
67.00
Item 3
61.00
Item 4
59.00
Item 5
48.00
Supplier 2
80.00
44.00
55.00
70.00
56.00
78.00
66.00
63.00
42.00
39.00
Note: Create a demand and cost matrix. And explain your solutions and answer.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 3 images
Recommended textbooks for you
Engineering Fundamentals: An Introduction to Engi…
Civil Engineering
ISBN:
9781305084766
Author:
Saeed Moaveni
Publisher:
Cengage Learning
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:
9781337399395
Author:
Pratt, David J.
Publisher:
Cengage,
Residential Construction Academy: House Wiring (M…
Civil Engineering
ISBN:
9781285852225
Author:
Gregory W Fletcher
Publisher:
Cengage Learning
Engineering Fundamentals: An Introduction to Engi…
Civil Engineering
ISBN:
9781305084766
Author:
Saeed Moaveni
Publisher:
Cengage Learning
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:
9781337399395
Author:
Pratt, David J.
Publisher:
Cengage,
Residential Construction Academy: House Wiring (M…
Civil Engineering
ISBN:
9781285852225
Author:
Gregory W Fletcher
Publisher:
Cengage Learning
Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning
Solid Waste Engineering
Civil Engineering
ISBN:
9781305635203
Author:
Worrell, William A.
Publisher:
Cengage Learning,
Architectural Drafting and Design (MindTap Course…
Civil Engineering
ISBN:
9781285165738
Author:
Alan Jefferis, David A. Madsen, David P. Madsen
Publisher:
Cengage Learning