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The owner of a big milk tea shop is considering several potential sites for expansion and would like to minimize the initial investment involved with purchasing locations. However, the owner is concerned about delivery time and wants to make sure that every neighborhood in the city can have an order delivered in 15 minutes or less. The owner has divided the city into 10 neighborhoods (A-J) and is currently considering a total of 8 different locations (L1-L8). The table shows the delivery time (in minutes) from a specific location to a specific neighborhood, along with location cost (in millions). Formulate a spreadsheet model and solve using Solver. L1 L2 L3 L4 L5 L6 L7 L8 A 10 13 20 6. 16 21 12 18 9 15 17 17 15 19 17 30 C 25 30 29 15 18 12 31 13 D 13 27 11 22 16 22 28 14 28 10 12 17 19 35 10 25 F 20 22 13 10 22 17 27 9. 18 11 21 20 15 22 12 23 H. 10 17 19 14 24 8. 22 20 15 32 23 18 31 14 24 13 14 20 10 32 12 33 33 Location cost 100 120 90 135 75 85 110 135 ($millions) 23

The owner of a big milk tea shop is considering several potential sites for expansion and would like to minimize the initial investment involved with purchasing locations. However, the owner is concerned about delivery time and wants to make sure that every neighborhood in the city can have an order delivered in 15 minutes or less. The owner has divided the city into 10 neighborhoods (A-J) and is currently considering a total of 8 different locations (L1-L8). The table shows the delivery time (in minutes) from a specific location to a specific neighborhood, along with location cost (in millions). Formulate a spreadsheet model and solve using Solver. L1 L2 L3 L4 L5 L6 L7 L8 A 10 13 20 6. 16 21 12 18 9 15 17 17 15 19 17 30 C 25 30 29 15 18 12 31 13 D 13 27 11 22 16 22 28 14 28 10 12 17 19 35 10 25 F 20 22 13 10 22 17 27 9. 18 11 21 20 15 22 12 23 H. 10 17 19 14 24 8. 22 20 15 32 23 18 31 14 24 13 14 20 10 32 12 33 33 Location cost 100 120 90 135 75 85 110 135 ($millions) 23

Practical Management Science
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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The owner of a big milk tea shop is considering several potential sites for ements expansion and would like to minimize the initial investment involved with purchasing locations. However, the owner is concerned about delivery time and wants to make sure that every neighborhood in the city can have an order delivered in 15 minutes or less. The owner has divided the city into 10 neighborhoods (A-J) and is currently considering a total of 8 different locations (L1-L8). The table shows the delivery time (in minutes) from a specific location to a Hill specific neighborhood, along with location cost (in millions). Formulate a spreadsheet model and solve using Solver. L1 L2 L3 L4 L5 L6 L7 L8 A 10 13 20 9. 16 21 12 18 В 15 17 17 15 19 17 30 25 30 29 15 18 12 31 13 13 27 11 22 16 22 28 14 28 10 12 17 19 35 10 25 20 22 13 10 22 17 27 6. G 18 11 21 20 15 22 12 23 H. 10 17 19 14 24 8 22 20 15 32 23 18 31 14 24 13 14 20 10 32 12 33 33 Location cost 100 120 90 135 75 85 110 135 ($millions) 23 E
Transcribed Image Text:The owner of a big milk tea shop is considering several potential sites for ements expansion and would like to minimize the initial investment involved with purchasing locations. However, the owner is concerned about delivery time and wants to make sure that every neighborhood in the city can have an order delivered in 15 minutes or less. The owner has divided the city into 10 neighborhoods (A-J) and is currently considering a total of 8 different locations (L1-L8). The table shows the delivery time (in minutes) from a specific location to a Hill specific neighborhood, along with location cost (in millions). Formulate a spreadsheet model and solve using Solver. L1 L2 L3 L4 L5 L6 L7 L8 A 10 13 20 9. 16 21 12 18 В 15 17 17 15 19 17 30 25 30 29 15 18 12 31 13 13 27 11 22 16 22 28 14 28 10 12 17 19 35 10 25 20 22 13 10 22 17 27 6. G 18 11 21 20 15 22 12 23 H. 10 17 19 14 24 8 22 20 15 32 23 18 31 14 24 13 14 20 10 32 12 33 33 Location cost 100 120 90 135 75 85 110 135 ($millions) 23 E
cements *Type variables L1 - L8 if the location name is required. For example, if your answers are Locations 4, 5 and 7, type L4, L5, L7 in the box. a. In the optimal solution, which of the 8 locations should be selected? v-Hill t b. Which of the selected locations can deliver to Neighborhood C within 15 minutes? App c. Which of the selected locations can deliver to Neighborhood G within 15 minutes? d. Which of the selected locations can deliver to Neighborhood H within 15 minutes? e. What is the optimal amount needed to buy the selected locations? millions %24
Transcribed Image Text:cements *Type variables L1 - L8 if the location name is required. For example, if your answers are Locations 4, 5 and 7, type L4, L5, L7 in the box. a. In the optimal solution, which of the 8 locations should be selected? v-Hill t b. Which of the selected locations can deliver to Neighborhood C within 15 minutes? App c. Which of the selected locations can deliver to Neighborhood G within 15 minutes? d. Which of the selected locations can deliver to Neighborhood H within 15 minutes? e. What is the optimal amount needed to buy the selected locations? millions %24
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