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spreadsheet modeling and decision analysis related question CoursHeroTranscribedText: 2- (7 Marks) The Rent-A-Dent car...

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Accounting

spreadsheet modeling and decision analysis related question

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CoursHeroTranscribedText: 2- (7 Marks) The Rent-A-Dent car rental company allows its customers to pick up a rental car at one location and return it to any of its locations. Currently, two locations (1 and 2) have 16 and 18 surplus cars, respectively, and four locations (3, 4, 5, and 6) each need 8 cars. The costs of getting the surplus cars from locations 1 and 2 to the other locations are summarized in the following table. Costs of Transporting Cars Between Locations Location 3 Location 4 Location 5 Location 6 Location 1 $54 $17 $23 $30 Location 2 $24 $18 $19 $31 Formulate an LP model for the company suggesting how many cars should be shipped from each of the source locations to the destination locations while minimizing the total shipment cost

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