A concrete company transports concrete from three plants to three construction sites. The supply capacities of the
Question:
A concrete company transports concrete from three plants to three construction sites. The supply capacities of the three plants, the demand requirements at the three sites, and the transportation costs per ton are as follows:
Determine the linear programming model formulation for this problem and solve it by using Excel.
Transcribed Image Text:
Construction Site Supply (tons) Plant 120 10 12 10 15 3 80 80 100 150 Demand (tons) 70 280
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
Step 1 The Linear Progr...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
Question Posted:
Students also viewed these Cost Accounting questions
-
Eastern Railroad Company transports commodities among three routes (city-pairs): Atlanta/Baltimore, Baltimore/Pittsburgh, and Pittsburgh/Atlanta. Significant costs, their cost behavior, and activity...
-
East Coast Railroad Company transports commodities among three routes (city-pairs): Atlanta/ Baltimore, Baltimore/ Pittsburgh, and Pittsburgh/Atlanta. Significant costs, their cost behavior, and...
-
A trucking company has to move 120 tons of concrete from three supply sources (A, B, and C) to three road construction project sites (X, Y, and Z). Shipping costs in $ per truck load, supply...
-
Write a critical review paper on the topic of financial management in the broad sense.
-
Graph both y = 1/(x3 2x2) and an anti-derivative on the same screen.
-
Streams of water from two tanks impinge upon each other as shown in Fig. P3.36. If viscous effects are negligible and point \(A\) is a stagnation point, determine the height \(h\). Figure P3.36 Free...
-
Expansion device used in a domestic refrigerator of vapour compression type is (a) automatic expansion valve (b) thermostatic expansion valve (c) hand operated valve (d) capillary tube
-
Use the information contained below to compress one time unit per move using the least cost method. Reduce the schedule until you reach the crash point of the network. For each move identify what...
-
Question 1 . a. Discuss the feasibility of forecasting by comparing projections with market growth and development. b. The finance policies and procedures are there to help the business create...
-
Consider the graph with 8 nodes A1, A2, A3, A4, H, T, F1, F2. Ai is connected to Ai+1 for all i, each Ai is connected to H, H is connected to T, and T is connected to each Fi. Find a 3-coloring of...
-
The lifetime of a certain brand of battery is known to have a standard deviation of 9 hours. Suppose that a random sample of 90 such batteries has a mean lifetime of 38.9 hours. Based on this sample,...
-
Townsend and Daltrey have a partnership. They wish to admit Starr as a third partner. The partnership agreement is silent on admission of new partners. What is the correct procedure? A. The new...
-
Suppose the true relationship between E (y) and the quantitative independent variables x1 and x2 is E(y) = 3 + x1 + 2x2 - x1 x2 a. Describe the corresponding three-dimensional response surface. b....
-
Standard Recipe Card Student ID Name of the dish Dish Description Portion Nos. Portion Size Sales Price Food Cost % Ingredients Item Qty Req. UoM Cost per UoM Yield % Actual Cost Input Calculation...
-
1. Two billiard balls each of mass 0.15kg are moving towards each other with a velocity of 3m/s E and 4m/s W. After the collision the ball with initial velocity of 3m/s keeps moving E with a speed of...
-
1. A 72 kg man is holding a 3 kg medicine ball standing motionless on the ice. He pushes the medicine ball away with a velocity of 3.2 m/s east. What velocity does he move at after he tosses the...
-
Produce a Public Relations Event For this Assignment you are going to design a public relations plan for your course product in association with an event or cause. You may use sponsorship marketing...
-
Clippers and Clampers, can you simulate this in multisim please,I need to see the simulation screenshot for the 2 procedure withgraphsthese are the 2 procedures I. OBJECTIVE To investigate the...
-
Ram Siram has prepared the following statements about internal control. a. One of the objectives of internal control is to safeguard assets from employee theft, robbery, and unauthorized use. b. One...
-
(a) What do data breach notification laws require? (b) Why has this caused companies to think more about security?
-
At what rate must the potential difference between the plates of a parallel-plate capacitor with a 2.0F capacitance be changed to produce a displacement current of 1.5 A?
-
For the situation of Sample Problem 32-1, show that the magnitude of the current density of the displacement current is J d = 0 (d E / d t) for r < R.
-
As a parallel-plate capacitor with circular plates 20 cm in diameter is being charged, the current density of the displacement current in the region between the plates is uniform and has a magnitude...
-
Salmon ASA has just issued a callable seven-year, 8% coupon bond with coupon payable annually. The bond can be called at par in two years or anytime thereafter on a coupon payment date. It has a...
-
Lamda corporation wants to acquire another company within its industry for $100m and it expects the acquisition to contribute to its free cash flow by $5m the first year, and this contribution is...
-
Dewan INC. has several divisions, each with a manager responsible for the operations of the division. Each division of Dewan controls product design, sales, pricing, operating costs, and profits.....
Study smarter with the SolutionInn App