Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
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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Morgan Trucking Company operates a special pickup and delivery service between Chicago and six other cities located in a four-state area. When Morgan receives a request for service, it dispatches a truck from Chicago to the city requesting service as soon as possible. With both fast service and minimum travel costs as objectives for Morgan, it is important that the dispatched truck take the shortest route from Chicago to the specified city. Assume that the following network (not drawn to scale) with distances given in miles represents the highway network for this problem. Chicago 1 36 31 21 2 3 9 10 11 21 4 13 Find the shortest-route distance from Chicago to node 6. 6 5 6 16 6 21 7
The following network describes a transportation scenario in which there are four sources A, B, C, and D, and three destinations P, Q, and R. (The numbers next to each arrow represent the cost of transporting one unit from that particular source to the destination located at the other end of that arrow). Write the mathematical formulation of the problem. Use the Excel Solver to solve the problem. Generate the answer and sensitivity reports in Excel, and submit your Excel workbook as a separate attachment. Provide the solution obtained in the space provided. What is the optimal cost of transportation?
Companies A, B, and C supply components to three plants (F, G, and H) via two crossdocking facilities (D and E). It costs $4 to ship from D regardless of final destination and $3 to ship to E regardless of supplier. Shipping to D from A, B, and C costs $3, $4, and $5, respectively, and shipping from E 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.  Crossdock facilities D and E can handle 600 and 700 units, respectively. Logistics Manager, Aretha Franklin, had previously used "Chain of Fools" as her supply chain consulting company, but now turns to you for some solid advice. What is the objective function? Group of answer choices Max Z = $3AD + $3AE + $4BD + $3BE + $5CD + $3CE + $4DF + $4DG + $4DH + $10EF + $9EG + $8EH Min Z = $3AD + $3AE + $4BD + $3BE + $5CD + $3CE + $4DF + $4DG + $4DH + $10EF + $9EG + $8EH Min Z = $3AD + $3BE + $5CD + $3CE…
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