United Express Service (UES) uses large quantities of packaging materials at its four distribution hubs. After screening potential suppliers, UES identified six vendors that can provide packaging materials that will satisfy its quality standards. UES asked each of the six vendors to submit bids to satisfy annual demand at each of its four distribution hubs over the next year. The following table lists the bids received (in thousands of dollars). Bidder Martin Products Miller Containers D&J Burns Distribution Hub 190 175 125 Schmidt Materials 150 235 155 220 210 225 135 260 170 185 190 280 Larbes Furnishings Lawler Depot 4 230 220 190 140 240 270 200 130 260 What is the total cost (in dollars) of the accepted bids? UES wants to ensure that each of the distribution hubs is serviced by a different vendor. Which vendors should UES select to supply each distribution hub? (Enter the number "0" when a vendor does not ship to a hub.) (Martin, Schmidt, Miller, D&J, Larbes, Lawler) =

United Express Service (UES) uses large quantities of packaging materials at its four distribution hubs. After screening potential suppliers, UES identified six vendors that can provide packaging materials that will satisfy its quality standards. UES asked each of the six vendors to submit bids to satisfy annual demand at each of its four distribution hubs over the next year. The following table lists the bids received (in thousands of dollars). Bidder Martin Products Miller Containers D&J Burns Distribution Hub 190 175 125 Schmidt Materials 150 235 155 220 210 225 135 260 170 185 190 280 Larbes Furnishings Lawler Depot 4 230 220 190 140 240 270 200 130 260 What is the total cost (in dollars) of the accepted bids? UES wants to ensure that each of the distribution hubs is serviced by a different vendor. Which vendors should UES select to supply each distribution hub? (Enter the number "0" when a vendor does not ship to a hub.) (Martin, Schmidt, Miller, D&J, Larbes, Lawler) =

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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