Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve questions A and B Topic 5 Assignment i Saved Help Save & Exit Submit Check my work 3 Bindley Corporation has a one-year contract

Solve questions A and B

image text in transcribed
Topic 5 Assignment i Saved Help Save & Exit Submit Check my work 3 Bindley Corporation has a one-year contract to supply motors for all washing machines produced by Rinso Lid. Rinso manufactures the washers at four locations around the country: New York City, Fort Worth, San Diego, and Minneapolis. Plans call for the following numbers of washing machines to be produced at each location: 3 points New York City 60, 000 Fort Worth 70, 000 San Diego 105, 000 Minneapolis 80, 000 e Book Bindley has three plants that can produce the motors. The plants and production capacities are Hint Boulder 105, 000 Macon 135, 000 Print Gary 120, 000 Due to varying production and transportation costs, the profit Bindley earns on each 1,000 units depends on where References they were produced and where they were shipped. The following table gives the accounting department estimates of the dollar profit per unit. (Shipment will be made in lots of 1,000.) SHIPPED TO PRODUCED AT NEW YORK CITY FORT WORTH SAN DIEGO MINNEAPOLIS Boulder 14 18 25 13 Macon 22 26 14 14 Gary 12 14 23 22 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. From/To New York City Fort Worth San Diego Minneapolis Supply Boulder Macon Gary Requirements b. Find the optimal solution using Microsoft Excel. (Leave no cells blank - be certain to enter "0" wherever required.) Candidate Solution Total Shipped Boulder Macon Gary Total supplied

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 and Competitive Advantage Concepts and Cases

Authors: Jay B. Barney, William Hesterly

5th edition

133129306, 0133127400, 9780133129304, 978-0133127409

More Books

Students also viewed these General Management questions