Reference no: EM132981842
Supply Chain Modelling and Design
Evaluation report
Length: There is no word limit for this assignment. You should focus on providing correct answers.
Details:
The purpose of this assignment is to develop your capability in applying your skills and knowledge in a hypothetical situation and to build your problem solving and report writing skills which will be used in Assignment 2.
For this assignment, you are required to work on a linear programming case study. You must submit:
1. A Word file to explain your mathematical models, to report your answers, and to write recommendations for decision makers based on the solutions.
2. An Excel file to demonstrate how you use Solver to identify the solutions. You must ensure that the file is in a workable condition before the submission.
Report Structure
1. Cover page
a. Report's title.
b. Names and student IDs.
2. Problem formulation (please ensure that all mathematical symbols are correct andconsistent).
a. Define decision variables with a measurement unit (e.g. pallets, kg, or km).
b. Provide an objective function and constraints and clearly show how you formulatethem with an explanation what each equation means.
c. Ensure that decision variables and each equation are linked back to the data.
3. Problem solving (i.e. process of how you find the solution step-by-step).
a. Explain how you implement the model in the Excel spreadsheet.
i. Explain how you implement each equation in the model using what functions in Excel (e.g. SUMPRODUCT) and where you place it on the spreadsheet (e.g. at Cell B2). If constraints are of the same kind and implemented in the same way, you just need to explain the first one and summarise the rest.
b. Explain how you set up Solver in Excel.
c. Do not forget to submit the Excel spreadsheet together with the Word report.
4. Discussion
a. Discuss the optimal solution based on the results that you find
b. If you conduct sensitivity analysis, the results should be presented here.
5. Recommendations
a. List and discuss what action should be taken based on the discussion.
i. For example, the results may suggest that the optimal solution for the production problem is to make 3 units of X and 4 units of Y. In addition, sensitivity analysis indicates that an increase of each Resource A can increase the profit by $5, up to the maximum of 100 units of Resource A. Your first recommendation can be to produce 3 units of X and 4 units of Y,and the second recommendation is to procure additional 100 units of Resource A.
6. Presentation
a. Discussion and explanation are succinct
b. There is a link between each section. And when the report is read, the reader shouldnot feel jumpy (i.e. some important information is omitted).
c. Cross-referencing and citations are correct, if any
d. All headings and sections are in place
Attachment:- Supply Chain Modelling and Design.rar
Determine the amount to be recognized
: Determine the amount to be recognized in the 2020 statement of comprehensive income as a result of the transfer from owner-occupied property
|
Prepare journal entries for the required consolidation data
: Prepare journal entries for the required consolidation data adjustments on 30 June 2020. Charles Ltd gained control of Darwin Ltd by purchasing
|
Find if the overhead allocated to the product
: Determine if the overhead allocated to the product relates to a single plantwide overhead rate method, multiple production department factory overhead
|
Describe the family structure
: Describe the family structure. Include individuals and any relevant attributes defining the family composition, race/ethnicity, social class, spirituality
|
Define decision variables with a measurement unit
: Define decision variables with a measurement unit and Provide an objective function and constraints and clearly show how you formulatethem with an explanation
|
Compute the interest collected
: Problem - On January 1, 2017, Jaypee Company purchased bonds with face amount of P1,000,000. Compute the Interest collected for 2017, 2018, 2019, 2020
|
What is the before tax cost of this bond issue
: Allied Company plans to issue 25-year bonds witha face value of P10,000,000. What is the before tax cost of this bond issue
|
How much money would the second partner receive
: The first partner contributed $100,000 in beginning capital, and the second contributed $50,000. How much money would the second partner receive
|
How much additional time spent compared to standard hours
: From the information above, how much additional time spent compared to the standard hours per unit were dedicated by each worker
|