Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You need to show your screenshots for excel , solver, and formulas to answer this problem. Q1. Distribution Planning (5 points) The SilverLeaf Creations Company
You need to show your screenshots for excel , solver, and formulas to answer this problem.
Q1. Distribution Planning (5 points) The SilverLeaf Creations Company is a fully integrated company that both produces goods and sells them at its retail outlets. After production, the goods are stored in the company's two warehouses until needed by the retail outlets. Trucks are used to transport the goods from the two plants to the warehouses, and then from the warehouses to the three retail outlets. Using units of full truckloads, this table below shows each plant's monthly output, its shipping cost per truckload sent to each warehouse, and the maximum amount that it can ship per month to each warehouse. For each retail outlet (RO), this table shows its monthly demand, its shipping cost per truckload from each warehouse (WH), and the maximum amount that can be shipped per month from each warehouse. Management wants to determine a distribution plan (number of truckloads shipped per month from each plant to each warehouse and from each warehouse to each retail outlet) that will minimize the total shipping cost. a) Draw a network that depicts the company's supply network. Identify the supply nodes, transshipment nodes, and demand nodes in this network. Formulate this problem as a minimum cost flow problem by inserting all the necessary data into this network. (1 points) b) Formulate and solve a spreadsheet model for this problem. (4 points)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started