Question
The costs for shipping on each branch of the network is given in the following tables: Warehouse 1 Warehouse 2 Vendor 1 7 3 Vendor
The costs for shipping on each branch of the network is given in the following tables:
| Warehouse 1 | Warehouse 2 | |
| Vendor 1 | 7 | 3 |
| Vendor 2 | 4 | 9 |
| Vendor 3 | 6 | 2 |
| Factory 1 | Factory 2 | |
| Warehouse 1 | 4 | 7 |
| Warehouse 2 | 7 | 3 |
Each vendor can supply 200 units. The demand at each factory is 300 units. Solve this problem using Excel Solver (or similar optimization tool) to minimize the total shipping cost. What is the total cost of your solution (i.e., what is the objective function value)?
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Essentials of strategic management
Authors: Charles w. l. hill, Gareth r. Jones
3rd Edition
1111525196, 978-1111525194
