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PLEASE ANSWER ALL QUESTIONS! 4. The office manager of a large New York City-based accounting firm needs to replace the aging and out-of-style office furniture
PLEASE ANSWER ALL QUESTIONS!
4. The office manager of a large New York City-based accounting firm needs to replace the aging and out-of-style office furniture in their New York offices. The firm has decided to purchase desk/chair/credenza furniture sets for all 2,000 offices in New York. The company has received bids from four different furniture companies who are willing to supply the furniture sets, as follows: .Carolina Woodworks has bid to deliver up to 1,000 furniture sets at a cost of $2,500 per set and with a one-time charge of $10,000 Nashawtuc Millworks has bid to deliver up to 1,200 furniture sets at a cost of $2,450 per set and with a one-time charge of $20,000 Adirondack Furnishing Designs has bid to deliver up to 800 furniture sets at a cost of $2510 per set with no additional charges .Lancaster Artisan Company has bid to deliver up to 1,100 furniture sets at a cost of $2,470 per set and with a one-time charge of $13,000 Formulate a mixed integer optimization model that could be used to determine how many furniture sets to purchase from each of the four potential suppliers in order to minimize costStep by Step Solution
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