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:
- Using the seven steps of the quantitative analysis approach, model a problem in which the optimal transportation route for a pharmaceutical company is found.
- Formulate an initial feasible solution to the transportation problem the northwest corner rule.
- Then evaluate each shipping route by applying the stone-to-stone jumping method
- 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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