Microsoft Excel problem: Steelco manufactures three types of steel at different plants. The time required...
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Microsoft Excel problem: Steelco manufactures three types of steel at different plants. The time required to manufacture 1 ton of steel (regardless of type) and the cost at each plant are shown in the table below:
Each week, 100 tons of each type of steel (1,2 and 3) must be produced. Each plant is open 40 hours per week. Formulate a balanced transportation problem to minimize the cost of meeting Steelcos weekly requirements.
Cost in $ per ton Plant Steel 1 Steel 2 Steel 3 Time to manufacture 1 ton (minutes) 20 16 15 $60 $50 $43 $40 $30 $20 $28 $30 $20
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