Tupperware Brands Corporation has 1200 units of microwaveable bowls in stock at northernfactory and southern factory, respectively. The corporation received order of this productfrom three different retailers I, II and III in quantities of 1000, 700 and 500 units, respectively.The unit shipping costs (in rupees per unit) from the factories to the retailers are as follows:Factorynorthern (1)Southern (2)and the output is given as follows:I1413Model VariableValue x11Value x12Value x13Value x21Value x22Value x23RetailerII1113Units070030010000200III1312(a) Draw a network model to illustrate the above problem.(b) Formulate a linear programming model for the problem.[NOTE: Please use x, where i=1,2,..., n -Factory and j=1,2,...,m -Retailer torepresent your decision variables.]

Answered: Tupperware Brands Corporation has 1200…

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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Item X is a standard item stocked in a company's inventory of spare parts. Each year, the firm uses about 2,000 units of Item X, which costs Php 1,000 per unit. Storage costs, which include insurance and cost of capital, amount to 18 percent of item unit cost. Placing an order for more of Item X costs Php 400. The company operates 360 days per year and Item X is received 9 days after placement of order.
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Q.2 AI Muhannad Industrial and Domestic Services, Oman requires on average 4000 sheets of A4 size papers per day at its different office locations in Muscat. Each time the purchase manager orders centrally the A4 size papers, the total expenses incurred to the company are estimated to be 10.6 OMR per order. Presently the company orders 350 reams of papers per order at a flat rate of 2.1 OMR per ream (one ream contains 500 A4 size papers). It takes almost a day for the local supplier to deliver the order. Considering the overall cost of the inventory and the manpower involved, the annual carrying costs for the company is estimated to be 35% of the cost for each ream of the paper. The company operates on 5 days a week over 46 weeks per year. (i) Is the present purchase policy economical for the company? If not, guide the purchase manager in selecting the best economical policy in terms of expected number of orders annually, ordered quantity per order, reorder point and the expected time…
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