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Taleworlds Entertainment plans to distribute its newest game Mount and Blade 2: Bannerlord throughout Europe using three depots as main distribution hubs. All three hubs can ship items to all three regions of Europe and they can hold inventory for upcoming periods.
Each hub renews their inventory each period by adding 100,000 new items (no cost for renewal of inventory) and holding inventory costs €1 per item per period. It is also possible to sell items late and the cost for late shipments is an additional €1.5 per item per period.
Demand for all 3 regions for the first two periods can be found below:
Region / Period
Period 1
Period 2
Region 1
75,000
100,000
Region 2
150,000
125,000
Region 3
50,000
Shipping an item costs €0.5 per item per kilometers if they are sent by trucks and arrive/are sold on the period they are sent. If the items are sent by railroad they cost €0.2 per item per kilometers and arrive/are sold on the following period. The distances between Regions and Hubs are given below:
Hub / Region
Hub 1
120 km
90 km
130 km
Hub 2
80 km
100 km
Hub 3
110 km
Given all the information above formulate a transportation model that minimizes the total cost of sending items to regions:1. Using mathematical symbols (∑ and ∀),2. Using transportation tables And solve the problem:1. Using Transportation Simplex,2. Using MS Excel Solver,3. Using GAMS.
Verified Expert
This assignment is based on the concepts of operation research. In this task, a case study of Taleworlds Entertainment is given. In which the problem is based on the transportation and minimization of the Z-variable. Also, we have to compare the result by using mathematical symbols and transportation tables, ms Excel solver, GAMS etc.
Loyal, dependable, trustworthy, and humbled... what else can I ask for! Good job done by the experts and have good response from the projects team on time.
But my assignment is due to tomorrow cant you find another expert to finish it? 1. Using Transportation Simplex, 2. Using MS Excel Solver, 3. Using GAMS. Compare your results. 26713652_1Homework 2.pdf Furthermore; when I compile the gams code in the program it shows that my z value is 257$ which is excact what I require thank you so much. 26713696_1gams compile.jpg
Compare your results. All of the work should be sent as a zip file (GAMS file, word file that shows the mathematical notation, excel file that shows the transportation table, transportation simplex and solver result). Make a cover that shows the names of all group members.
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