hw3 - STOR 112 Decision Models for Business - Spring 2007...

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STOR 112 – Decision Models for Business - Spring 2007 HW Assignment # 3: Due Wednesday, February 14 th Question 1, 2, 3 are for : Formulate and Solve. Submit all the Excel spreadsheets - Formulations and Answer Reports that show how you got answers to part A and B in each. Questions 4,5: Formulate only, do NOT solve. Write your solution on paper, as usual. ============== ============= =============== =============== Question 1 (60 pts total) . Part A : Jack Bearman has received permission to market Lightnin’ Mushrooms in the Chapel Hill area. He has identified six possible sites where he can base his “Lightnin’ Carts.” These carts are actually hot-dog carts modified with a bright green umbrella. Jack has divided the Chapel Hill area into eight regions and has determined which of the Lightnin’ cart sites are within a 15-minute driving distance of each region. The following table shows the regions, the possible Lightnin’ Cart sites, and the estimated cost of operating each site. A “1” is shown for a given region/site combination if they meet the 15-minute driving-time criterion. Jack wishes to know which
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hw3 - STOR 112 Decision Models for Business - Spring 2007...

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