Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hey, I really need some help with Transportation, Assignments, and Network Model on Linear Programming format. I also need help with Solver and Sensitivity Report

Hey, I really need some help with Transportation, Assignments, and Network Model on Linear Programming format. I also need help with Solver and Sensitivity Report for the attached question.

image text in transcribed
Krappy Kraft Beer Inc. has two breweries in BC, with monthly capacities and production costs as follows: Brewery Capacity] month Cost per six-pack 1 10000 six-packs $1.60 2 9500 six-packs $1.80 The product is channeled through 4 different distributors. Bart's Beer is so popular that all stock that can be brewed is quickly purchased by the distributors, but the distributors can only handle a certain amount of product per month. Also, each distributor is willing to pay a different amount per six-pack to Bart: Distributor Capacity] month Price per six-pack A 8500 $10.75 B 4500 $9.95 C 5500 $11.00 D 6500 $10.50 Bart's Beer Inc. has to pay the cost of shipping to the 4 distributors. The shipping cost per six-pack from the breweries to distributors is as follows: Distributor Brewery A B C D 1 $1.00 $1.15 $1.85 $2.00 2 $0.65 $.75 $1.50 $1.75 Formulate an LP model that will enable Bart's Beer to maximize its prots each month. Complete the following: a] Develop the Transportation Network. {2 marks] b] Formulate the problem into proper LP fonnat(2marks) c) Use Solver to determine the optimal solution. State the optimal solution in the context of the business problem. (2 marks) (1] Generate an \"answer report\" and \"sensitivity report" from Solver and answer the following questions: i]. Interpret the meaning of the shadow price for the monthly production capacity limitation of Brewery #2. (2 marks) ii. Interpret the meaning of the reduced cost for shipping six-packs from Brewery 1 to Distributor D. (2 marks)

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

Calculus Early Transcendentals

Authors: James Stewart, Daniel K. Clegg, Saleem Watson, Lothar Redlin

9th Edition

ISBN: 1337613924, 978-1337613927

More Books

Students also viewed these Mathematics questions