qso320_mod6_problem_5-13-2.xlsx

# qso320_mod6_problem_5-13-2.xlsx - Problem 5-13 Shipments...

• Essay
• 4
• 50% (2) 1 out of 2 people found this document helpful

This preview shows pages 1–2. Sign up to view the full content.

Problem 5-13 Shipments: To Flow balance equations From Job 1 Job 2 Job 3 Flow out Location Flow in Flow out Net flow Sign Central 833.3 1250.0 1616.7 0.0 Central 0 0 0 >= Rock 833.3 1250.0 1616.7 0.0 Rock 0 0 0 >= Acme 833.3 1250.0 1616.7 0.0 Acme 0 0 0 >= Flow in 2500.0 3750.0 4850.0 Job 1 2500 0.0 2500 = Job 2 3750 0.0 3750 = Unit costs: To Job 3 4850 0.0 4850 = From Job 1 Job 2 Job 3 Central \$9 \$8 \$7 Rock \$7 \$11 \$6 Acme \$4 \$3 \$12 Total cost = \$84,583 <--- Minimize total transportation costs. Formula = SUMPRODUCT(B5:D7,B1 Note: Once all values are entered in the appropriate shaded areas, go to the DATA tab on the Excel sheet ribbon, click on the Data Analysis Group, and then choose Solver. Click SOLVE to run Excel's Solver add-in to obtain the optimized solution. Note that if Solver is not on the DATA tab, refer to the Help file (Solver) for instructions or pages 569–571 of Balakrishnan (2013) Managerial Decision Modeling With Spreadsheets. For more information on entering information in Solver, refer to pages 44–49 of Balakrishnan (2013). To learn more about how to set up and solve linear programming (LP) problems, refer to pages 40–51 of Balakrishnan (2013).

This preview has intentionally blurred sections. Sign up to view the full version.

This is the end of the preview. Sign up to access the rest of the document.
• Fall '15
• mason
• Book of Job, Book of Proverbs

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern