Answered step by step
Verified Expert Solution
Question
1 Approved Answer
4 ) Zippy City Bikes is planning to place collection & charging ( C&C ) centers for its electric bikes in five neighborhoods of Cleveland,
Zippy City Bikes is planning to place collection & charging C&C centers for its electric bikes in five neighborhoods of Cleveland, Ohio: Ohio City, Gordon Square, Downtown, Lakewood, and Tremont. The firm would also like these charging stations to be close to the three areas that customers frequently travel: X Edgewater Park, Y Rock & Roll Hall of Fame, and Z West Side Market. At the end of each day, Zippy City Bikes needs to pick up the bikes from the three areas of interestEdgewater Rock & Roll Hall of Fame, and West Side Marketand transfer them to the C&Cs The perunit cost of transferring bikes from the areas of interest to the C&C are given in the below table. For example, the firm incurs a per bike cost of $ when a bike is transferred from Edgewater Park to Ohio City.
Net cost per bike from Area of Interest X
Region X Y Z
The firm predicts and bikes to be left at the three areas of interest at the end of the day, respectively. The firm would also like to decide which C&C centers to open. The maximum number of bikes that can be placed in each C & C center and the associated construction costs are:
C&C Center C & C Center Capacity Construction Cost$
$
$
$
$
$
The firm would like to find which C&Cs to open and a minimum cost plan to transfer the bikes from areas of interest to C&Cs
a Write the mathematical formulation.
b Solve using excel solver.Net Cost Per Unit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started