QSO 320 Mgmt Science Thru Spread Sheets Problem 5-13 Shipments: To Flow balance equations From Job 1 Job 2 Job 3 Flow out Location Flow in Flow...

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General Management

QSO 320 Mgmt Science Thru Spread Sheets

Problem 5-13

Shipments:ToFlow balance equations
FromJob 1Job 2Job 3Flow outLocationFlow inFlow outNet flowSignRHS
Central0.0Central000>=-3000
Rock0.0Rock000>=-4000
Acme0.0Acme000>=-6000
Flow in0.00.00.0Job 100.00=2500
Job 200.00=3750
Unit costs:ToJob 300.00=4850
FromJob 1Job 2Job 3
Central$9$8$7
Rock$7$11$6
Acme$4$3$12
Total cost =$0<--- Minimize total transportation costs.Formula = SUMPRODUCT(B5:D7,B12:D14)
Note:
Once all values are entered in the appropriate shaded areas, go tothe DATA tab on the Excel sheet ribbon, click on the Data AnalysisGroup, and then choose Solver. Click SOLVE to run Excel's Solveradd-in to obtain the optimized solution. Note that if Solver is noton the DATA tab, refer to the Help file (Solver) for instructionsor pages 569–571 of Balakrishnan (2013) Managerial DecisionModeling With Spreadsheets. For more information on enteringinformation in Solver, refer to pages 44–49 of Balakrishnan (2013).To learn more about how to set up and solve linear programming (LP)problems, refer to pages 40–51 of Balakrishnan (2013).

For the changing variable cells (yellow shaded), the initialentries in the cells can be blank or any value of your choice basedon the given constraints.

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