Question: Part 2. In the Module 3 material, the Northwest Corner Method and the Stone Leaping Method were discussed. In this work the student will solve

Part 2.In the Module 3 material, the Northwest Corner Method and the Stone Leaping Method were discussed. In this work the student will solve a hypothetical problem by applying the aforementioned methods.

Instructions:

  1. Using the seven steps of the quantitative analysis approach, model a problem in which the optimal transportation route for a pharmaceutical company is found.
  2. Formulate an initial feasible solution to the transportation problem the northwest corner rule.
  3. Then evaluate each shipping route by applying the stone-to-stone jumping method
  4. The following table shows the data with routes and costs.The student will assume that this data comes from the company.

From

Until

NewYork

Florida

California

OFFER

Puerto Rico

$20

$17

$21

250

Dominican Republic

$25

$27

$20

200

Mexico

$22

$25

$22

350

DEMAND

350

200

250

800

5. Using your creativity you will give a name and location to the company.

6. Explain each specific step using the Modeling Table of a Real Scenario

Modeling in a Real Scenario

(Company Name)

Step

Description

Definition of the problem

Development of a Model

Data collection

Developing a solution

Testing the solution

Analysis of the results

Implementation

Note: Next to this Table, attach results from the Excel Qm or QM for Windows programs that served as a support tool in the decision making of modeling a real scenario.

For the estimation of these criteria, you will use the Excel QM tool or QM for Windows.

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