Question
The planning team wants to understand how they should source the next weeks production to three locations: location A, location B, and location C. They
The planning team wants to understand how they should source the next weeks production to three locations: location A, location B, and location C. They are concerned with 4 products that can be produced in each facility. Each product can only be sourced to a single facility (a facility can produce multiple products.) Create an Excel model using the data below to determine the sourcing plan to minimize the cost of production. Please include screenshots of all Excel formulas used and a screenshot of the formulas in Solver. All information for this problem is included in the data set below.
A | B | C | Demand | |
Mechanical Water Pump | $33 | $41 | $46 | 60 |
Cartridge Water Pump | $26 | $32 | $28 | 60 |
Oil Pump | $17 | $14 | $20 | 75 |
Hydraulic Housing | $40 | $42 | $60 | 45 |
Hrs. available | 25 | 52 | 64 | |
Consumption rate (mins) | A | B | C | |
Mechanical Water Pump | 35 | 30 | 32 | |
Cartridge Water Pump | 28 | 24 | 22 | |
Oil Pump | 42 | 40 | 36 | |
Hydraulic Housing | 55 | 48 | 45 |
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