Use 'Transportation Problem' to solve the above problems using MS Excel Solver.

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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Economics
QUESTION 4
A company produces goods at three factories. The goods are then distributed to four
locations where they are sold to the public.
Monthly production capacities
Factory 1
Factory 2
Factory 3
Total supply
Monthly demand at each retail outlet
Retail outlet A
Retail outlet B
Retail outlet C
Retail outlet D
Total demand
Retail Outlet
A
B
C
D
21
18
27
22
19
18
24
20
Factory 3 24 25 28 25
Solve the above transportation problem.
Units
50
60
50
160
Cost of Shipping
The cost of shipping one unit from factories to retail outlets varies as follows (all costs in
Kina):
Factory 1
Factory 2
Units
50
70
30
10
160
Use 'Transportation Problem' to solve the above
problems using MS Excel Solver.
Transcribed Image Text:Economics QUESTION 4 A company produces goods at three factories. The goods are then distributed to four locations where they are sold to the public. Monthly production capacities Factory 1 Factory 2 Factory 3 Total supply Monthly demand at each retail outlet Retail outlet A Retail outlet B Retail outlet C Retail outlet D Total demand Retail Outlet A B C D 21 18 27 22 19 18 24 20 Factory 3 24 25 28 25 Solve the above transportation problem. Units 50 60 50 160 Cost of Shipping The cost of shipping one unit from factories to retail outlets varies as follows (all costs in Kina): Factory 1 Factory 2 Units 50 70 30 10 160 Use 'Transportation Problem' to solve the above problems using MS Excel Solver.
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