Question: I need step by step instructions on how to solve this question Shipments: To Flow balance equations From Job 1 Job 2 Job 3 Flow
I need step by step instructions on how to solve this question
Shipments: To Flow balance equations From Job 1 Job 2 Job 3 Flow out Location Flow in Flow out Net flow Sign RHS Central 0.0 Central 0 0 0 >= -3000 Rock 0.0 Rock 0 0 0 >= -4000 Acme 0.0 Acme 0 0 0 >= -6000 Flow in 0.0 0.0 0.0 Job 1 0 0.0 0 = 2500 Job 2 0 0.0 0 = 3750 Unit costs: To Job 3 0 0.0 0 = 4850 From Job 1 Job 2 Job 3 Central $9 $8 $7 Rock $7 $11 $6 Acme $4 $3 $12 Total cost = $0 <--- Minimize total transportation costs. Formula = SUMPRODUCT(B5:D7,B12:D14) Note: Once all values are entered in the appropriate shaded areas, go to the DATA tab on the Excel sheet ribbon, click on the Data Analysis Group, and then choose Solver. Click SOLVE to run Excel's Solver add-in to obtain the optimized solution. Note that if Solver is not on the DATA tab, refer to the Help file (Solver) for instructions or pages 569-571 of Balakrishnan (2013) Managerial Decision Modeling With Spreadsheets. For more information on entering information in Solver, refer to pages 44-49 of Balakrishnan (2013). To learn more about how to set up and solve linear programming (LP) problems, refer to pages 40-51 of Balakrishnan (2013).
For the changing variable cells (yellow shaded), the initial entries in the cells can be blank or any value of your choice based on the given constraints.
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