Question: Pls solve with excel solver and show it step by step The company hopes to maximize the profit. The company needs to decide where to

Pls solve with excel solver and show it step by step

The company hopes to maximize the profit.

The company needs to decide where to build the warehouse, and how many units of product to serve.

NOT all demand need to be fulfilled, the capacity of warehouses is limited.

Data for transshipment cost per million units from warehouses to divided markets is provided.

Data for fixed cost, capacity of warehouses, revenue for selling product and potential demand in each market division is also provided.

Warehouse-Demand: Locations Warehousing & Transportation Costs & Revenue
Costs (p/million units) Demand Locations
Warehouse Northeast Midatlantic South Midwest Upper Midwest Southwest Pacific Northwest fixed cost warehouse capacity
Chicago 4.5 5.0 4.6 5.5 4.8 4.1 4.9 30000 200
NYC 4.8 4.6 4.9 5.7 5.7 5.9 4.0 40000 150
LA 5.2 5.1 5.1 4.2 4.7 4.0 5.0 35000 150
Knoxville 5.2 5.9 4.3 5.9 5.7 4.1 4.7 20000 200
Atlanta 4.9 5.3 4.1 4.5 4.7 5.6 4.0 35000 100
demand 150 150 100 100 100 150 100
revenue (p/million units) 313 303 310 292 295 300.0 297.0

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