Reference no: EM132358406
Write a 3- to 4-page paper about formulating this problem. Show your formulation of the problem and show your optimal solution.
1. Increase the capacity of Factory 1 from 5,000 to 6,000.
• Rerun the linear programming.
• What effect does this have on the total cost and the optimal solution?
2. Return the capacity of Factory 1 to 5,000 and increase capacity of Factory 2 to 8,000.
• Rerun the linear programming.
• What effect does this have on the total cost and the optimal solution?
• What are the practical implications to a supply chain manager from this experiment?
• Describe any assumptions made in this model.
3. Explain the managerial implications of your solution.
4. Explain the formulation in business terms.
Attachment:- finding the minimum cost solution.rar
Attachment:- linear programming transportation problem.rar
Attachment:- Optimization of supply portfolio.rar
Attachment:- Review on Data Analytics for Supply Chain.rar