Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MEK Products has two factories located in Minneapolis and Detroit with weekly production capacities of 3 0 0 and 2 5 0 units, respectively. Four

MEK Products has two factories located in Minneapolis and Detroit with weekly production capacities of 300 and 250 units, respectively. Four customer centers in the cities of Cleveland, Dayton, Louisville, and Peoria have weekly product requirements of 100,130,140, and 160 units, respectively. Unit shipping costs for each factory-customer center pair are shown in the table below, along with the other data for the problem. MEK seeks minimizes the total weekly shipping cost while satisfying all factory capacity and customer requirements.
The problem has been set up to enter the proper formulas for optimization as follows:
\table[[4,A,B,C,D,E,F,G,H,1],[1,MEK Products Incorporated],[2,,,,,,,,,],[3,,,Customer,,,,,,],[4,Factory,Cleveland,Dayton,Louisville,Peoria,,,Capacity,],[5,Minneapolis,,,,,,,300,],[6,Detroit,,,,,,,250,],[7],[8],[9,Requirements,100,130,140,160,,,,],[10],[11,,,Customer,,,,,,],[12,Factory,Cleveland,Dayton,Louisville,Peoria,,Total Cost,,],[13,Minneapolis,$50,$40,$55,$30,,,,],[14,Detroit,$30,$32,$45,$35,,,,],[15,,,,,,,,,],[16,,,,,,,,,]]
Which of the following statements are true?
The formula in cell B7 could be: =sumproduct(B5:B6,B13:B14)
The formula in cell E7 could be: =sumproduct(E5:E6,E12:E13)
The formula in cell F5 could be: = sum(B5,C5,D5,E5)
The formula in cell G13 could be: =sumproduct(B5:E6,B13:E13)
The formula in cell G13 could be: =sum(B5:E6)
None of the answers are correct.
image text in transcribed

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

Strategic Management Formulation Implementation And Control In A Dynamic Environment

Authors: Abbass Alkhafaji, Richard Alan Nelson

1st Edition

0789018098, 978-0789018090

More Books

Students also viewed these General Management questions