Find the shipping costs for company a to ship one unit, Operation Management

Assignment Help:

Company A has four plants locating in different cities across the region. There are three markets the company is selling its products to. Currently, each plant can only produce 500 units of products, and Market 1 needs 800 units of the product, Market 2 needs 500 units, while Market 3 needs 500 units. The shipping costs for Company A to ship one unit from each plant to different markets are listed in the following table. Unit Shipping Cost in $ Market 1 Market 2 Market 3 Plant 1 10 8 15 Plant 2 8 9 7 Plant 3 12 13 15 Plant 4 11 10 12 Please create and write down a standard/mathematical LP model and use Excel Solver to find the optimal shipping strategy for Company A, which minimize the total shipping costs.


Related Discussions:- Find the shipping costs for company a to ship one unit

Explain detecting unethical practices at supplier faculty, "Detecting Uneth...

"Detecting Unethical Practices at Supplier Faculty" Please respond to the following: • Assess the value of having a Supplier Code of Conduct when outsourcing operational functio

Explain what steps can the uaw take, The United Auto Workers union enters i...

The United Auto Workers union enters into contract negotiations with the Ford Motor Company in Michigan. What are the three main subject areas the UAW can negotiate with Ford? Prov

Nash equilibrium levels, 2 enterprises (1 and 2), are in competition with e...

2 enterprises (1 and 2), are in competition with each other by choosing advertising expenditures. The payoff functions of the two enterprises, if enterprise 1 chooses to spend x an

Explain tool like this one help identify the target market, Complete the fo...

Complete the following steps for this assignment: 1. Select the following link to visit a Web site that is an online demographic tool used to help establish demographics about c

Explain the expected rate of return, Debt: Jones Industries borrows $6...

Debt: Jones Industries borrows $600,000 for 10 years with an annual payment of $100,000. What is the expected interest rate (cost of debt)? Internal common stock:

Can someone help describe what to do, I feel like there is not enough infor...

I feel like there is not enough information to even start. Can someone help explain what to do? Maybe if I can start, then I can do the rest on my own.

Explain should health care workers receive the flu vaccine, Should health c...

Should health care workers receive the flu vaccine? I f not why not?

What is pension plan funding, What are four safeguards that the ERISA legis...

What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additi

Explain change forces are adapting and sustaining, Which of the following b...

Which of the following best shows forces for change vs. forces for stability? Change forces are: adapting, sustaining, and predicting; whereas stability forces are: bureaucracy, tr

Implementation of the quality planning and control activity, Question : ...

Question : (a) Discuss the various stages involved in the development and implementation of the quality planning and control activity. (b) Checking should be carried out at

Write Your Message!

Captcha
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