Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A gas supplier has three plants (i.e. P1, P2, and P3) supplying gasoline to three distributors A, B, and C. The plants daily capacities are

A gas supplier has three plants (i.e. P1, P2, and P3) supplying gasoline to three

distributors A, B, and C. The plants daily capacities are 4500, 3000, and 5000 gallons, respectively, while the distributors daily requirements are 5500, 2500, and 4200 gallons. The per-gallon transportation costs (in $) are provided in the table below:

A B C
P1 0.8 0.5 1
P2 0.7 0.65 0.8
P3 0.5 0.45 0.7

Due to a failure of expected supply earlier, the distributors A, B, and C decided to charge a penalty of $0.45, $0.55, and $0.5 per gallon, respectively, to avoid any further delays. Determine the optimum supply of gasoline to the distributors to minimize the total transportation cost as well as the charges payable as penalty.

SOLVE THE ABOVE PROBLEM USING EXCEL SOLVER AND SHARE SCREESHOT OF RESULTS.

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

Essentials Of Management Information Systems

Authors: Ken Laudon, Kenneth C Laudon

10th Edition

0133033090, 9780133033090

More Books

Students also viewed these General Management questions

Question

x-3+1, x23 Let f(x) = -*+3, * Answered: 1 week ago

Answered: 1 week ago

Question

1. What does this mean for me?

Answered: 1 week ago