A company makes digital radios at facilities in Shanghai (China), Bonn (Germany), and Cape Town (South...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A company makes digital radios at facilities in Shanghai (China), Bonn (Germany), and Cape Town (South Africa). These plants can make 1800, 900, and 2700 radios per week beyond the demand in the "local" markets of Eastern Asia, Germany, and Africa respectively. All three plants can ship to markets elsewhere: Canada/USA, Latin America, Europe, and Western Asia. The demands per week in these four markets are for 1500, 600, 750. and 2300 radios per week respectively. Radios are shipped in boxes of 50. The shipping costs per box are as follows: Canada/USA Latin America Europe Western Asia 280 From/To Shanghai 190 215 130 Bonn 240 250 80 200 Cape Town 210 220 195 230 (i) The company wishes to determine how many boxes should be shipped from each of the factories to each of the markets. Solve this model using LINGO or the Excel Solver. (ii) State the solution in words. (b) (10 marks) Now the situation is similar to part (a), but it's also possible to ship between each pair of origins. The cost per box is low because shipments are al- ready being made along these routes and they can take advantage of economies of scale. The costs per box are: Shanghai Bonn Cape Town 12 From/To Shanghai Bonn 13 17 Cape Town 14 16 (i) Taking advantage of the transhipment possibilities, re-solve this model using LINGO or the Excel Solver. (ii) State the solution in words. A company makes digital radios at facilities in Shanghai (China), Bonn (Germany), and Cape Town (South Africa). These plants can make 1800, 900, and 2700 radios per week beyond the demand in the "local" markets of Eastern Asia, Germany, and Africa respectively. All three plants can ship to markets elsewhere: Canada/USA, Latin America, Europe, and Western Asia. The demands per week in these four markets are for 1500, 600, 750. and 2300 radios per week respectively. Radios are shipped in boxes of 50. The shipping costs per box are as follows: Canada/USA Latin America Europe Western Asia 280 From/To Shanghai 190 215 130 Bonn 240 250 80 200 Cape Town 210 220 195 230 (i) The company wishes to determine how many boxes should be shipped from each of the factories to each of the markets. Solve this model using LINGO or the Excel Solver. (ii) State the solution in words. (b) (10 marks) Now the situation is similar to part (a), but it's also possible to ship between each pair of origins. The cost per box is low because shipments are al- ready being made along these routes and they can take advantage of economies of scale. The costs per box are: Shanghai Bonn Cape Town 12 From/To Shanghai Bonn 13 17 Cape Town 14 16 (i) Taking advantage of the transhipment possibilities, re-solve this model using LINGO or the Excel Solver. (ii) State the solution in words. A company makes digital radios at facilities in Shanghai (China), Bonn (Germany), and Cape Town (South Africa). These plants can make 1800, 900, and 2700 radios per week beyond the demand in the "local" markets of Eastern Asia, Germany, and Africa respectively. All three plants can ship to markets elsewhere: Canada/USA, Latin America, Europe, and Western Asia. The demands per week in these four markets are for 1500, 600, 750. and 2300 radios per week respectively. Radios are shipped in boxes of 50. The shipping costs per box are as follows: Canada/USA Latin America Europe Western Asia 280 From/To Shanghai 190 215 130 Bonn 240 250 80 200 Cape Town 210 220 195 230 (i) The company wishes to determine how many boxes should be shipped from each of the factories to each of the markets. Solve this model using LINGO or the Excel Solver. (ii) State the solution in words. (b) (10 marks) Now the situation is similar to part (a), but it's also possible to ship between each pair of origins. The cost per box is low because shipments are al- ready being made along these routes and they can take advantage of economies of scale. The costs per box are: Shanghai Bonn Cape Town 12 From/To Shanghai Bonn 13 17 Cape Town 14 16 (i) Taking advantage of the transhipment possibilities, re-solve this model using LINGO or the Excel Solver. (ii) State the solution in words. A company makes digital radios at facilities in Shanghai (China), Bonn (Germany), and Cape Town (South Africa). These plants can make 1800, 900, and 2700 radios per week beyond the demand in the "local" markets of Eastern Asia, Germany, and Africa respectively. All three plants can ship to markets elsewhere: Canada/USA, Latin America, Europe, and Western Asia. The demands per week in these four markets are for 1500, 600, 750. and 2300 radios per week respectively. Radios are shipped in boxes of 50. The shipping costs per box are as follows: Canada/USA Latin America Europe Western Asia 280 From/To Shanghai 190 215 130 Bonn 240 250 80 200 Cape Town 210 220 195 230 (i) The company wishes to determine how many boxes should be shipped from each of the factories to each of the markets. Solve this model using LINGO or the Excel Solver. (ii) State the solution in words. (b) (10 marks) Now the situation is similar to part (a), but it's also possible to ship between each pair of origins. The cost per box is low because shipments are al- ready being made along these routes and they can take advantage of economies of scale. The costs per box are: Shanghai Bonn Cape Town 12 From/To Shanghai Bonn 13 17 Cape Town 14 16 (i) Taking advantage of the transhipment possibilities, re-solve this model using LINGO or the Excel Solver. (ii) State the solution in words.
Expert Answer:
Answer rating: 100% (QA)
Answer Conclusion Shangahi caters to Western Europe with its full excess capacityThis is soo ... View the full answer
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
Posted Date:
Students also viewed these accounting questions
-
How many factors should be extracted in problem I? Explain your reasoning.
-
How many participants should be enrolled in each group in a future study, if (a) The true mean difference in age at menarche between girls with low- and high-childhood- SES is 0.5 year, (b) Standard...
-
How many subjects should be recruited in each group (same number per group) to have a 90% chance of detecting a significant difference using a two-sided test with = .05? Pulmonary Disease Asthma is...
-
1. For each of the following sequences defined as a recurrence relations, List the first five terms of the sequence. Find a formula for the general term an in terms of n. 2, an+1 = an + 2n for n 1 a....
-
Suppose you are designing a system to summarize information from rsums submitted to a companys human resources department. Create a list of the information that you think would be useful to collect...
-
Solve Problem 4.108, assuming that the 3.6-kN load is applied at Point A. PROBLEM 4.108 A 2.4-m boom is held by a ball-and socket joint at C and by two cables AD and AE. Determine the tension in each...
-
The egg is a large cell and contributes almost all the nutrients present in a fertilized egg. The sperm contributes little more than its set of chromosomes. Just how much bigger is a human egg than a...
-
Loss Contingencies On February 1, 2011, one of the huge storage tanks of Viking Manufacturing Company exploded. Windows in houses and other buildings within a one-mile radius of the explosion were...
-
Sweet Company has the following stockholders' equity accounts at December 3 1 ; 2 0 2 0 . Common Stock ( $ 1 0 0 par value, authorized 7 , 6 0 0 shares ) $ 5 0 3 , 2 0 0 Retained Earnings 2 7 6 , 1 0...
-
A sinusoidally modulated ordinary AM waveform is shown below. -3 (a) Determine the modulation index. (b) Calculate the transmission efficiency. (c) Determine the amplitude of the carrier which must...
-
write JAVA code that take as input one of logic operators (AND, OR, XOR, INVERSE, IMPLICATION, BICONDITIONAL) and then construct the correspondence truth table Q2: Write code to convert from counting...
-
Can you elucidate the process of germ cell specification and primordial germ cell development during embryogenesis, including the molecular cues and epigenetic modifications that govern germ cell...
-
What is 'the principle of legality' and how does it operate in Australian constitutional law?
-
explain why, as a matter of constitutional law, no civil liberty or right is absolute?
-
How do endocrine glands, such as the pituitary, thyroid, and adrenal glands, orchestrate complex physiological processes through the secretion of hormones, and what are the molecular mechanisms...
-
explain the relationship and significances of the constitutional law of Canada to Jean -Jacques Rousseau the origin and the foundation of the inequality among mankind?
-
second picture is the rest of the tablethird pucture is the last part The Alpine House, Incorporated, is a large retaller of snow skis. The company assembled the information shown below for the...
-
Grace is training to be an airplane pilot and must complete five days of flying training in October with at least one day of rest between trainings. How many ways can Grace schedule her flying...
-
Use the following equation to demonstrate why a firm producing at the output level where MR = MC will also be able to maximize its total profit (i.e., be at the point where marginal profit is equal...
-
Explain the distinction made in economic analysis between the short run and the long run.
-
Discuss the income elasticities of the following consumer products: a. Margarine b. Fine jewelry c. Living room furniture d. Whole lobsters
-
Outline the general strategy used in metagenomics.
-
The codon change (Gly-12 to Val-12) in human H-ras that converts it to oncogenic H-ras has been associated with many types of cancers. For this reason, researchers would like to develop drugs to...
-
You need to understand the approach described in question 3 in More Genetic TIPS before answering this question. A muscle-specific gene was cloned and then subjected to promoter bashing. As shown...
Study smarter with the SolutionInn App