Develop your capability in applying your skills

Assignment Help Supply Chain Management

Reference no: EM132966080

Supply Chain Modelling and Design

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.

For this assessment, you are required to work on a given case study using linear programming. The aims of this assessment are to understand the problem, to use an appropriate approach in LP to solve the problem, to discuss a solution, and to propose sensible recommendations based on the solution that you find. 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 andsummarise 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. e. Images or figures are clear.

Attachment:- Supply Chain Modelling and Design.rar

Reference no: EM132966080

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