Question: Problem 10-21 (Algorithmic) United Express Service (UES) uses large quantities of packaging materials at its four distribution hubs. After screening potential suppliers, UES identified six
Problem 10-21 (Algorithmic)
United Express Service (UES) uses large quantities of packaging materials at its four distribution hubs. After screening potential suppliers, UES identified six vendors that can provide packaging materials that will satisfy its quality standards. UES asked each of the six vendors to submit bids to satisfy annual demand at each of its four distribution hubs over the next year. The following table lists the bids received (in thousands of dollars). UES wants to ensure that each of the distribution hubs is serviced by a different vendor. Which bids should UES accept, and which vendors should UES select to supply each distribution hub?
| Distribution Hub | ||||
| Bidder | 1 | 2 | 3 | 4 |
| Martin Products | 190 | 240 | 120 | 165 |
| Schmidt Materials | 140 | 200 | 150 | 240 |
| Miller Containers | 215 | 235 | 145 | 210 |
| D&J Burns | 175 | 290 | 190 | 185 |
| Larbes Furnishings | 200 | 230 | 155 | 185 |
| Lawler Depot | 230 | 200 | 140 | 190 |
| Bidder | Decision | Bid |
|---|---|---|
| Martin Products | Select or Reject | 190,240,120,165, not applicable as bidder is not selected |
| Schmidt Materials | Select or Reject | 140,200,150,240, not applicable as bidder is not selected |
| Miller Containers | Select or Reject | 215, 235,145, 210, not applicable as bidder is not selected |
| D&J Burns | Select or Reject | 190, 240, 120,165, not applicable as bidder is not selected |
| Larbes Furnishings | Select or Reject | 200, 230, 155, 185, not applicable as bidder is not selected |
| Lawler Depot | Select or Reject | 230, 200,140,190, not applicable as bidder is not selected |
The value of the objective function is fill in the __________ thousands of dollars.
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