Reconsider Problem 6.5. Suppose now that, for administrative convenience, management has decided that all 130 units per
Question:
a. For the distribution center in Los Angeles, formulate a network model for this problem as a minimum-cost flow problem by inserting all the necessary data into the distribution network shown in Figure 6.6. (Use the format depicted in Figure 6.3 to display these data.)
FIGURE 6.3: A network model for the Distribution Unlimited Co. problem as a minimum-cost flow problem.
FIGURE 6.6: The BMZ Co. distribution network from its main factory in Stuttgart, Germany, to a distribution center in Los Angeles.
b. Formulate and solve a spreadsheet model for the problem formulated in part a.
c. For the distribution center in Seattle, draw its distribution network emanating from the Berlin factory at node BE.
d. Repeat part a for the distribution center in Seattle by using the network drawn in part c.
e. Formulate and solve a spreadsheet model for the problem formulated in part d.
f. Add the total shipping costs obtained in parts b and e. Compare this sum with the total shipping cost obtained in part c of Problem 6.5 (as given in the back of the book).
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer:
Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets
ISBN: 978-0078024061
5th edition
Authors: Frederick S. Hillier, Mark S. Hillier