Question: on determining optimal transportation plan from two supply locations to three destinations to minimize the transportation costs given data on the available supplies and demand

  1. on determining optimal transportation plan from two supply locations to three destinations to minimize the transportation costs given data on the available supplies and demand

Answer the following questions, NOT the ones given in the textbook by using Excel for analysis:

  1. What would be the optimal minimum cost transportation plan (i.e. units from each source to each destination) to meet the demand at each destination from the available supply at each source, and what would be the total cost?
  2. If the supplies available at the two sources are different 20 units at Jefferson City and 30 units at Omaha what would be the optimal minimum cost transportation plan (i.e. units from each source to each destination) to meet the demand at each destination, and what would be the total cost?
  3. What are the managerial implications of the results you obtained for (a) and (b) above?

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 Accounting Questions!