Question: FOR THE FOLLOWING QUESTION, PLEASE ANSWER USING EXCEL SOLVER. FORMULATE THE EXCEL FILE AND POST PICTURES ON HOW IT IS DONE. Question 1 : When
FOR THE FOLLOWING QUESTION, PLEASE ANSWER USING EXCEL SOLVER. FORMULATE THE EXCEL FILE AND POST PICTURES ON HOW IT IS DONE.
Question :
When you lease phone numbers from AT&T for telemarketing, AT&T uses an optimization model to tell you where you should locate calling centers to minimize your operating costs over a year horizon. To illustrate the model, suppose you are considering six calling center locations: Boston, New York, Dallas, Chicago, Los Angeles, and Omaha. You know the average cost in dollars incurred if a telemarketing call is made from any these cities to any region of the country. This information is listed in the attached spreadsheet.
Assume that an average call requires minutes of labor. You make calls days per year, and the average number of calls made per day to each region of the country is provided in the attached spreadsheet.
The cost in millions of dollars of building a calling center in each possible location and the hourly wage that you must pay workers in each city is listed in spreadsheet. Each calling center can make up to calls per day.
Given this information, you want to minimize the discounted cost at per year of running the telemarketing operation for years. Assume all wage and calling costs are paid at the ends of the respective years.
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