Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics (MindTap Course List)
Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics (MindTap Course List)
8th Edition
ISBN: 9781305947412
Author: Cliff Ragsdale
Publisher: Cengage Learning
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Explain how balancing a Transportation Problem If Total Supply Is Less Than Total Demand in linear programming. Please give your example
Explain along with examples related to Freight Traffic Assignment Problems and vehicle routing problem in the logistics activities of manufacturing and service companies! Solve the following case study using the transportation method: Suppose there is a manufacturing company that produces and distributes its products to various customer locations across the country. This company has three production plants (Plant A, Plant B, and Plant C) located in different locations, and there are also five distribution centers (DC 1, DC 2, DC 3, DC 4, and DC 5) scattered across various regions. The company's goal is to determine the most efficient transportation routes for delivering products from the plants to the distribution centers, considering transportation costs and available capacities.
The following network describes a transportation scenario in which there are four sources A, B, C, and D, and three destinations P, Q, and R. (The numbers next to each arrow represent the cost of transporting one unit from that particular source to the destination located at the other end of that arrow). Write the mathematical formulation of the problem. Use the Excel Solver to solve the problem. Generate the answer and sensitivity reports in Excel, and submit your Excel workbook as a separate attachment. Provide the solution obtained in the space provided. What is the optimal cost of transportation?
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