Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
8th Edition
ISBN: 9781337274852
Author: Ragsdale, Cliff
Publisher: South-Western College Pub
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Question
Chapter 4, Problem 6QP
a)
Summary Introduction
To determine: The sensitivity report using solver.
b)
Summary Introduction
To solve: The problem in spreadsheet.
c)
Summary Introduction
To determine: The optimal solution.
d)
Summary Introduction
To determine: Whether the optimal solution degenerate.
e)
Summary Introduction
To determine: Whether the optimal solution is unique.
f)
Summary Introduction
To determine: The change in solution when the plant in City C shuts for one day.
g)
Summary Introduction
To determine: The optimal objective function value for the given condition.
h)
Summary Introduction
To interpret: The reduced cost for shipping from City E to City M.
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Suppliers A, B, and C supply components to three plants -- F, G, and H via two transshipment facilities -- T1 and T2. It costs $4 to ship from T1 regardless of final destination and $3 to ship to T2 regardless of supplier. Shipping to T1 from A, B, and C costs $3, $4, and $5, respectively, and shipping from T2 to F, G, and H costs $10, $9, and $8, respectively. Suppliers A, B, and C can provide 200, 300 and 500 units respectively and plants F, G, and H need 350, 450, and 200 units respectively. The Logistics Manager has come to you for help.
Answer the following question:
Which of these is not an element of the objective function?
Group of answer choices
4D-T1
600T1
9T2-G
3C-T2
Plz do fast asap
ChocoTown has a 4,000 square foot outlet store that serves five major customer regions, denoted A, B, C, D and E. The locations of the points representing the customer regions and their weekly demands are shown in the table below. The ChocoTown outlet store is at location (10,20).
Customer
Region
Location
Demand
($/week)
A
(0,10)
4,000
B
(0,20)
2,000
C
(20,0)
4,000
D
(30,20)
3,000
E
(40,10)
2,000
CandyTime is a new competitor of ChocoTown and they are considering opening a 4,000 square foot store at location (30,10). Assume the travel time from location i to j in minutes equals the straight line distance from i to j.
a) Use the spatial interaction model to estimate the demand that would be captured by the new CandyTime store.
Demand captured by CandyTime = ___________
b) Suppose the CandyTime store is located at (30,10), but it is not 4,000 square feet. Use the spatial interaction model to find the size in square feet for…
Joburg Logistics (JL), a distributor of various products in
Polokwane receives their products from suppliers in
Durban, Cape Town, and Johannesburg. The company's
management is concerned with the supply cost of a
certain product that is supplied by a manufacturer in
Durban. Currently JL has a contract with Transnet Freight
Rail (TFR) for the transport of the orders from Durban. The
following are the rail rate and transit time:
Transit time (rail)
Rail rate
5 days
R2.75/unit
The impact on the transport and inventory carrying cost
because of this arrangement is a concern of the logistics
director, Mrs Micky. As a result, Mrs Micky has requested
the logistics manager to evaluate the option to use a 3PL
service provider for the shipment from Durban to
Johannesburg. The logistics manager has identified a
certain 3PL company that has the capacity to perform this
contract. However, in order to provide a transport rate, the
3PL company required the size and frequency of orders.
JL currently…
Chapter 4 Solutions
Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
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