Transportation problem by constructing appropriate parameter

Assignment Help Operation Management
Reference no: EM131482576

A hospital needs to purchase 3 gallons of perishable medicine for use during the current month and 4 gallons for use during the next month. Because the medicine is perishable, it can only be used during the month of purchase. Two companies, Daisy and Laroach, sell the medicine. The medicine is in short supply. Thus, during the next two months, the hospital is limited to buying at most 5 gallons from each company. Daisy charges $800 per gallon during the current month and $720 per gallon during the next month. Laroach charges $710 per gallon during the current month and $750 per gallon during the next month. The hospital wants to minimize the cost of purchasing the medicine while satisfying its need.

(a) Formulate this problem as a transportation problem by constructing the appropriate parameter table where column j represents the month and row i medicine seller/supplier.

Reference no: EM131482576

Questions Cloud

Find the force on the object versus time : Computational Fluid Mechanics using Finite Differences method Project Work 1 - Find the force on the object versus time
What could be the economic costs incurred by both parties : What could be the economic costs incurred by both parties? Sum -up your case with a make believe decision and penalties.
Differentiate between market structures in kudler : Differentiate Between Market Structures in Kudler. Differentiating Between Market Structures in an Organization of Your Choice.
Calculate your projected total costs-total revenues : calculate your projected total costs, total revenues, and total profits given the preceding information.
Transportation problem by constructing appropriate parameter : Formulate this problem as a transportation problem by constructing the appropriate parameter table where column j represents the month and row i medicine seller
Part of positioning the cereal as appropriate : This is part of positioning the cereal as appropriate for both children and adults.
Identify a retailer that is currently struggling : Identify a retailer that is currently struggling. Discuss why it is having difficulties?
What is a high-performance work system : What is a high-performance work system? What are its element? Which of these elements involve human resource management?
Private cost of producing plastics and the marginal external : A plastics factory emits water pollutants into a nearby river. The marginal private cost of producing plastics and the marginal external cost.

Reviews

Write a Review

Operation Management Questions & Answers

  Binomial with a correction for continuity

If a random sample of 200 people from the city is taken, approximate the probability that fewer than 38 used the emergency room in the past year use the normal approximate to the binomial with a correction for continuity. Round your answerto at..

  Define the term leadership

Define the term ‘leadership. This essay should express how a good leader conducts him or herself as an individual and as part of a team. Up to now, what do you know about yourself in terms of your own leadership capacity?

  Is it important for managers to foster goodwill

Is it important for managers to "foster goodwill"? Why or Why not? What are 2 examples of fostering goodwill in the workplace as a business manager? Is it possible for goodwill to hinder the image of a company? Which business/company ever sponsor a "..

  Providing leadership in day-to-day operations

Class, some of the identified CFO leadership skills include communicating clearly, providing leadership in day-to-day operations, managing resources and finances and creating a positive organizational culture. What role does the hospital medical staf..

  Identify symptoms that suggest an underlying problem

What alternative solutions should be considered in solving this problem? How did you arrive at these alternatives?4. What are the advantages and disadvantages of these alternatives? Quantify where possible.

  Find the total annual cost of holding inventory

The size of the first lot is 1600 units and the size of the second lot is 800 units. Find the total annual cost of holding inventory.

  Elucidate what is the probability of normal distribution

Elucidate what is the probability which a random number from the triangular distribution is less than 400. Elucidate what is this probability for the normal distribution.

  To use the purchase method of inventory accoutning

Which requirement apply to proprietary find but not the government fun? Report circulating assets use consumption method inventory accounting To report current liability To use the purchase method of inventory accoutning

  Formulate a linear programming model

Formulate a linear programming model for this situation. Solve this model using graphical analysis. Display your graph and the solution parameters. What is the cost difference between this option and the choice provided by the extreme point that p..

  Effective organizational communication techniques

According to Shockley-Zalabak (2015), effective organizational communication techniques seek to do all of the following EXCEPT: promote sound decision making. Increase environmental uncertainty. bring order out of chaos. Enhance shared meaning among ..

  Qualify the company to hire the intern as unpaid employee

Which of the following examples would qualify the company to hire the intern as an unpaid employee?

  True for the integrating conceptual model presented

Which is not true for the integrating conceptual model presented in this? chapter?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd