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ANSWER ALL QUESTIONS 4. Big Time Tires manufactures heavy-duty truck tires. The tires are manufactured in St. Louis and Detroit and shipped to warehouses in
ANSWER ALL QUESTIONS
4. Big Time Tires manufactures heavy-duty truck tires. The tires are manufactured in St. Louis and Detroit and shipped to warehouses in Oakland, Miami, Minneapolis, Cleveland, and Boston. The following table shows the number of tires available at each plant, the number of tires required by each warehouse, and the shipping costs (in dollars per tire) Warehouse Plant Tires Available 9000 8000 Oakland Miami Minneapolis Cleveland Boston 10 St. Louis Detroit 20 20 10 7000 4 3500 Tires Required 25005000 4000 a) Draw a network diagram of the problem b) Is total supply and total demand equal to each other? c) Formulate a linear optimization model to determine the distribution plan that will minimize cost while meeting as much demand as possible. d) Enter the model in Excel and solve for the optimal distribution plan. Include your spreadsheet with your homework submission e) What is the optimal distribution plan? f) What is the cost of the optimal distribution plan? g) Which warehouse will have a shortage and how big will the shortage beStep by Step Solution
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