Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3 Problem 15-7 (Algo) 3 Bindley Corporation has a one-year contract to supply motors for all washing machines produced by Rinso Lid. Rinso manufactures the

image text in transcribedimage text in transcribedimage text in transcribed
3 Problem 15-7 (Algo) 3 Bindley Corporation has a one-year contract to supply motors for all washing machines produced by Rinso Lid. Rinso manufactures the points washers at four locations around the country: New York City, Fort Worth, San Diego, and Minneapolis. Plans call for the following numbers of washing machines to be produced at each location: Skipped New York City 55,000 Fort Worth 71,000 eBook San Diego 75,060 Minneapolis 75,060 Hint Print Bindley has three plants that can produce the motors. The plants and production capacities are References Boulder 110, 000 Macon 80,000 Gary 165, 090 Due to varying production and transportation costs, the profit Bindley earns on each 1,000 units depends on where they were produced and where they were shipped. The following table gives the accounting department estimates of the dollar profit per unit. (Shipment will be made in lots of 1,000.) CUTonEn Mc Grav sunny Q Search W hp3 Due to varying production and transportation costs, the profit Bindley earns on each 1,000 units depends on where they were produced and where they were shipped. The following table gives the accounting department estimates of the dollar profit per unit. (Shipment will be made in lots of 1,000.) SHIPPED TO PRODUCED AT NEW YORK CITY FORT WORTH SAN DIEGO MINNEAPOLIS points Boulder 15 11 14 Macon 18 10 11 Skipped Gary 22 17 15 Boo Given profit maximization as a criterion, Bindley would like to determine how many motors should be produced at each plant and how many motors should be shipped from each plant to each destination. Print a. Develop a transportation grid for this problem. References From/To New York City Fort Worth San Diego Minneapolis Supply Boulder Macon Gary Requirements Mc Prev. 3 of 10 Next > tly sunny 9 WSaved Help Topic 5 Assignment i 3 b. Find the optimal solution using Microsoft Excel. (Leave no cells blank - be certain to enter "0" wherever required.) Candidate Solution Total Shipped Boulder B points Macon Gan Skipped Total supplied - Book Hint Print References Profit Boulder Macon Gary Total profit Prev 3 of 10 Next > Grav Q Search 9 W 74"F Partly sunny np

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting The Cornerstone Of Business Decision Making

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

8th Edition

0357715349, 978-0357715345

More Books

Students also viewed these Accounting questions

Question

2. I try to be as logical as possible

Answered: 1 week ago