Question: I really need help with doing the excel part and the formulas used in and around solver. I am not good with excel. Thank you

I really need help with doing the excel part and the formulas used in and around solver. I am not good with excel. Thank you for your help.
To actually be able to see the excel spreadsheet set up with the formulas would be helpful.
The Sentry Lock Corporation manufactures a popular commercial security lock
at plants in Macon, Louisville, Detroit, and Phoenix. The per unit cost of
production at each plant is $35.50,$37.50,$39.00, and $36.25, respectively, while the
annual production capacity at each plant is 18,000,15,000,25,000, and 20,000,
respectively. Sentry's locks are sold to retailers through wholesale distributors in
seven cities across the United States. The unit cost of shipping from each plant to each
distributor is summarized in the following table along with the forecasted demand
from each distributor for the coming year.
Sentry wants to determine the least expensive way of manufacturing and shipping
locks from its plants to the distributors. Because the total demand from distributors
exceeds the total production capacity for all the plants, Sentry realizes it will not be
able to satisfy all the demand for its product, but wants to make sure each distributor
will have the opportunity to fill at least 80% of the orders received.
a. Create a spreadsheet model for this problem and solve it.
b. What is the optimal solution?
 I really need help with doing the excel part and the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!