Develop an excel layout and solver model to find a solution

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Reference no: EM132267965

Decision Support Systems Assignment -

Instructions: Solve 2 problems on 1 excel document. Please use a separate tab for each problem!

Problem 1 - Western Lithium produces a special type of material that is currently in short supply. Four of Western Lithium's customers have already placed orders that together exceed the combined capacity of Western Lithium's two plants. Western Lithium's management faces the problem of deciding how many units it should supply to each customer. Since the four customers are in different industries, different prices can be charged because of the various industry pricing structures. However, slightly different production costs at the two plants and varying transportation costs between the plants and customers make a "sell to the highest bidder" strategy unacceptable. After considering price, production costs, and transportation costs, Western Lithium has established the following profit per unit for each plant-customer alternative.

Plant

Customer

Panasonic

Samsung

Tesla

Sony

Reno

$32

$34

$32

$40

Vancouver

$34

$30

$28

$38

The plant capacities and customer orders are as follows:

Plant Capacity (units)

Reno

5000

Vancouver

3000

 

Distribution Orders (units)

Panasonic

2000

Samsung

5000

Tesla

3000

Sony

2000

A. Develop an Excel layout and solver model to find a solution for this problem.

B. How many units should each plant produce for each customer to maximize profits?

Problem 2 - Anderson and Associates, Inc. is a software development firm that has three new clients. Project teams will be assigned to the three clients. Based on the different backgrounds and experiences of the teams, the various team-client assignments differ in terms of projected completion times. The possible assignments and the estimated completion times in weeks are:

Project Team

Client

C1

C2

C3

Agile team

10

16

32

Spiral team

14

22

40

Waterfall team

22

24

34

A. Develop an Excel layout and solver model to find a solution to this problem.

B. What team assignments will result in the minimum overall completion time?

Reference no: EM132267965

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