Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bindley Corporation has a one - year contract to supply motors for all washing machines produced by Rinso Ltd . Rinso manufactures the washers at

Bindley Corporation has a one-year contract to supply motors for all washing machines produced by Rinso Ltd. Rinso manufactures the
washers at four locations around the country. New York Clty, Fort Worth, San Diego, and Minneapolis. Plans call for the following
numbers of washing machines to be produced at each location:
Bindley has three plants that can produce the motors. The plants and productlon capacitles are
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 glves the accounting department estimates of the dollar profit per unit.
(Shipment will be made in lots of 1,000.)
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.
a. Develop a transportation grid for this problem.
b. Find the optimal solutlon using Microsoft Excel. (Leave no cells blank - be certain to enter "0" wherever required.)
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions